Shelby Ohio Community Foundation Ofrichland County Ohio

Analysis

Shelby Ohio Community Foundation Ofrichland County Ohio is a registered charity in United States, based in Shelby, OH. It received its IRS tax-exemption ruling in February 2007, 19 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, Shelby Ohio Community Foundation Ofrichland County Ohio reported income of $552k and spending of $552k, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $532k to $552k (+3.7%), an average of +0.9% a year. The sharpest change came in the year to December 2021, when income rose by 21%. Over the whole period it spent 95% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Shelby Ohio Community Foundation Ofrichland County Ohio sits at the 75th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 72nd percentile within OH. Charities of a similar size with the same main cause include Johnson Oconnor Research Support Corporation ($552k), American Friends of Keshet Eilon Inc ($552k) and United Way of Northwest Illinois Inc ($552k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 29% of the total. Compensation of current officers, directors and key employees was $97k (18% of expenses). Other salaries and wages came to $20k. At year end it held assets of $10.7m against liabilities of $860k, net assets of $9.9m. It reported 2 employees.