STATE POWER FUND

YOUNGSTOWN, OH, 44503-1842 (844) 999-3755 Est. 2020 EIN 85-3982823
P20— Human Services Form 990 501(c)(3)

Mission

THE ORGANIZATION IS DEDICATED TO SUPPORTING INNOVATIVE AND EFFECTIVE PUBLIC INTEREST PROJECTS TO BUILD A JUST, EQUITABLE, AND SUSTAINABLE FUTURE BY FUNDING NONPROFIT ORGANIZATIONS TO ACCOMPLISH NEEDED CHANGE.

Giving Portfolio

Total Grants
110
Total Giving
$5.2M
Recipients
109
Years Active
2022 - 2024
Avg grant: $41,388 Median: $20,000

Yearly Trends

YearGrantsTotal Giving Avg GrantNewRepeat
202460$3.7M $62K527
202329$713K $25K245
202221$786K $37K210

Sectors Funded

Civil Rights & Advocacy
26
Human Services
11
Community Improvement
10
Education
10
Public & Societal Benefit
8
Environment
8
Philanthropy & Grantmaking
5
Religion-Related
5
and 6 more sectors

Top States

Wisconsin
22
Texas
11
California
9
Ohio
9
Minnesota
7
District of Columbia
6
North Carolina
5
Pennsylvania
5
and 17 more states

Grantee Size Profile

$1M - $5M
40
$5M - $10M
22
$500K - $1M
14
$10M - $50M
12
Over $50M
6
$100K - $500K
6
Under $100K
3

Top Grantees

and 15 more grantees

Grants Awarded · 104 grants

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Financials

Total Revenue
$19,476,749
Total Expenses
$15,795,574
Net Assets
$14,094,365
43 employees
From latest filing (tax period ending 2024-12-31)

Financial Health

Operating Reserve
10.7 months Healthy
Net assets / monthly expenses
Year-over-Year Change
Revenue ↑ 219.7%
Expenses ↑ 129.0%
Revenue Sources
Contributions 95.8% Earned revenue 4.2%
Expense Breakdown
Program 86.0% Management 14.0%

Officers & Trustees (13)

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Filing History (3 filings)

YearRevenueExpensesNet Assets
2024 Form 990$19,476,749 $15,795,574$14,094,365
2023 Form 990$6,093,099 $6,897,039$8,745,642
2022 Form 990$7,859,808 $3,952,421$6,567,531

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EIN: 85-3982823 · Source: IRS Form 990 e-file data