Poor Clares of Perpetual Adoration Canton Ohio Foundation Inc

Analysis

Poor Clares of Perpetual Adoration Canton Ohio Foundation Inc is a registered charity in United States, based in Canton, OH. It received its IRS tax-exemption ruling in June 2018, 8 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Poor Clares of Perpetual Adoration Canton Ohio Foundation Inc reported income of $131k and spending of $70k, leaving 47% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $78k to $131k (+67%), an average of +67% a year. The sharpest change came in the year to December 2023, when income rose by 67%. Over the whole period it spent 56% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Poor Clares of Perpetual Adoration Canton Ohio Foundation Inc sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 44th percentile within OH. Charities of a similar size with the same main cause include Santa Fe Womans Club and Library Association ($131k), Joyful Noise Christian Preschool Inc ($131k) and Mv3 Foundation ($131k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $195k against liabilities of $0, net assets of $195k.