Xavier-Sgo

Analysis

Xavier-Sgo is a registered charity in United States, based in Cincinnati, OH. It received its IRS tax-exemption ruling in April 2023, 3 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 supporting organisation (type ii) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Xavier-Sgo reported income of $786k and spending of $264k, leaving 66% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $534k to $786k (+47%), an average of +47% a year. The sharpest change came in the year to December 2023, when income rose by 47%. Over the whole period it spent 36% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Xavier-Sgo sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 77th percentile within OH. Charities of a similar size with the same main cause include Ken Duke and Friends Inc ($786k), Kinecta Community Foundation ($787k) and Benton Community Foundation Inc ($786k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $843k against liabilities of $762, net assets of $842k.