24 in 24

Analysis

24 in 24 is a registered charity in United States, based in Mentor, OH. It received its IRS tax-exemption ruling in May 2021, 5 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, 24 in 24 reported income of $665k and spending of $655k, spending 99% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $502k to $665k (+32%), an average of +15% a year. The sharpest change came in the year to December 2023, when income rose by 27%. Over the whole period it spent 95% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, 24 in 24 sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 75th percentile within OH. Charities of a similar size with the same main cause include Conservation and Preservation Charities of America ($664k), Altus Foundation ($665k) and Jewish Federation of New Hampshire ($664k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% and program service revenue 0.7% of the total. At year end it held assets of $80k against liabilities of $193, net assets of $80k.