Conneaut Local Youth Organization

Analysis

Conneaut Local Youth Organization is a registered charity in United States, based in Conneaut, OH. It received its IRS tax-exemption ruling in October 1971, 55 years ago. 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, Conneaut Local Youth Organization reported income of $63k and spending of $85k, spending 135% of what it took in. Across the 3 years on record, from December 2019 to December 2023, income grew from $39k to $63k (+64%), an average of +28% a year. The sharpest change came in the year to December 2022, when income rose by 219%. Over the whole period it spent 104% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Conneaut Local Youth Organization sits at the 25th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 25th percentile within OH. Charities of a similar size with the same main cause include Heavenly Pet Sanctuary ($63k), Project Grow ($63k) and PTA California Congress of Parents Teachers & Students Inc ($63k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 38% and program service revenue 67% of the total. At year end it held assets of $270k against liabilities of $0, net assets of $270k.