Usacs Foundation Inc

Analysis

Usacs Foundation Inc is a registered charity in United States, based in Canton, OH. It received its IRS tax-exemption ruling in February 2021, 5 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Usacs Foundation Inc reported income of $114k and spending of $63k, leaving 45% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income fell from $298k to $114k (-62%), an average of -38% a year. The sharpest change came in the year to December 2022, when income dropped by 75%. Over the whole period it spent 50% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Usacs Foundation Inc sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 41st percentile within OH. Charities of a similar size with the same main cause include St Johns Family Center Inc ($114k), Remnant Inc ($114k) and China Change ($114k).

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 $242k against liabilities of $0, net assets of $242k.