Joe Burrow Foundation

Analysis

Joe Burrow Foundation is a registered charity in United States, based in Cincinnati, OH. It received its IRS tax-exemption ruling in September 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, Joe Burrow Foundation reported income of $2.4m and spending of $2.4m, spending 98% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $610k to $2.4m (+296%), an average of +296% a year. The sharpest change came in the year to December 2023, when income rose by 296%. Over the whole period it spent 86% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Joe Burrow Foundation sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 87th percentile within OH. Charities of a similar size with the same main cause include Exchange Club Center for the Prevention of Child Abuse of NC ($2.4m), Athens County Foundation ($2.4m) and Board of Trustee of the Ida Rupp Public Library ($2.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $658k against liabilities of $247k, net assets of $411k.