Corpsman Maxton W Soviak Memorial Foundation

Analysis

Corpsman Maxton W Soviak Memorial Foundation is a registered charity in United States, based in Berlin HTS, OH. It received its IRS tax-exemption ruling in June 2022, 4 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable 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, Corpsman Maxton W Soviak Memorial Foundation reported income of $131k and spending of $83k, leaving 36% of income unspent that year. The sharpest change came in the year to December 2023, when income dropped by 44%. Over the whole period it spent 27% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Corpsman Maxton W Soviak Memorial Foundation sits at the 43rd percentile: it is larger than about 43% 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 The Belton Area Museum Association ($131k), Missing Peace Ministry ($131k) and PTA California Congress of Parents Teachers & Students Inc ($131k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $265k against liabilities of $0, net assets of $265k.