Avondale Community Council Inc

Analysis

Avondale Community Council Inc is a registered charity in United States, based in Cincinnati, OH. It received its IRS tax-exemption ruling in May 2014, 12 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 June 2024, Avondale Community Council Inc reported income of $54k and spending of $87k, spending 163% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income fell from $223k to $54k (-76%), an average of -25% a year. The sharpest change came in the year to June 2021, when income rose by 767%. Over the whole period it spent 119% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Avondale Community Council Inc sits at the 20th percentile: it is larger than about 20% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 21st percentile within OH. Charities of a similar size with the same main cause include Oklahoma Association of Broadcasters Education Foundation ($54k), Peapack Gladstone Fire Company No 1 Inc ($54k) and Intermountain Electrical Association ($54k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 28% of the total. At year end it held assets of $650k against liabilities of $7,871, net assets of $642k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.