Parade of the Hills Community Association

Analysis

Parade of the Hills Community Association is a registered charity in United States, based in Nelsonville, OH. It received its IRS tax-exemption ruling in December 2005, 21 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Parade of the Hills Community Association reported income of $62k and spending of $58k, spending 94% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $48k to $62k (+28%), an average of +28% a year. The sharpest change came in the year to December 2023, when income rose by 28%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Parade of the Hills Community Association sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 24th percentile within OH. Charities of a similar size with the same main cause include Washington Council for High School-College Relations ($62k), Dexter Free Library ($62k) and Bethel Springs Elementary School Home & School Association ($62k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 78% of the total. At year end it held assets of $51k against liabilities of $0, net assets of $51k.