Carroll County Wabash & Erie Canal Inc

Analysis

Carroll County Wabash & Erie Canal Inc is a registered charity in United States, based in Delphi, IN. It received its IRS tax-exemption ruling in January 1975, 51 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, Carroll County Wabash & Erie Canal Inc reported income of $283k and spending of $270k, spending 95% of its income. Across the 6 years on record, from June 2019 to December 2023, income fell from $380k to $283k (-26%), an average of -5.7% a year. The sharpest change came in the year to December 2020, when income rose by 182%. Over the whole period it spent 90% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Carroll County Wabash & Erie Canal Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 60th percentile within IN. Charities of a similar size with the same main cause include American Friends of Yad Layeled ($283k), Starling School & Day Care Center Inc ($283k) and Madison County Historical Society Inc ($283k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 61% and program service revenue 30% of the total. Other salaries and wages came to $123k. At year end it held assets of $775k against liabilities of $141k, net assets of $635k. It reported 5 employees.