Harrison Community Mayors Fund

Analysis

Harrison Community Mayors Fund is a registered charity in United States, based in Harrison, OH. It received its IRS tax-exemption ruling in March 2022, 4 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, Harrison Community Mayors Fund reported income of $77k and spending of $79k, spending 102% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $126k to $77k (-38%), an average of -38% a year. The sharpest change came in the year to December 2023, when income dropped by 38%. Over the whole period it spent 78% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Harrison Community Mayors Fund 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 30th percentile, and in the 31st percentile within OH. Charities of a similar size with the same main cause include Black Mountain Center Foundation Inc ($77k), Wonder Women Foundation Inc ($77k) and Dewey Richard Byar Trust ($77k).

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 $88k against liabilities of $0, net assets of $88k.