Cohesion Foundation Inc

Analysis

Cohesion Foundation Inc is a registered charity in United States, based in Dublin, OH. It received its IRS tax-exemption ruling in August 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, Cohesion Foundation Inc reported income of $1.1m and spending of $1.6m, spending 140% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $1.5m to $1.1m (-25%), an average of -25% a year. The sharpest change came in the year to December 2023, when income dropped by 25%. Over the whole period it spent 81% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Cohesion Foundation Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 81st percentile within OH. Charities of a similar size with the same main cause include Ohr Nosson Inc ($1.1m), Charge Syndrome Foundation Inc ($1.1m) and Manchester-Bidwell Development Trust ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 90% of the total. Other salaries and wages came to $88k. At year end it held assets of $494k against liabilities of $0, net assets of $494k. It reported 1 employees.