Downtown Perrysburg Inc

Analysis

Downtown Perrysburg Inc is a registered charity in United States, based in Perrysburg, OH. It received its IRS tax-exemption ruling in July 2008, 18 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Downtown Perrysburg Inc reported income of $72k and spending of $60k, spending 84% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $67k to $72k (+7.7%), an average of +7.7% a year. Over the whole period it spent 88% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Downtown Perrysburg Inc sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 29th percentile within OH. Charities of a similar size with the same main cause include Greater Hopkinsville Chamber Community Foundation Inc ($72k), Swainsboro Emanuel County Festival Foundation ($72k) and West Seattle Tool Library ($72k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 43% and program service revenue 57% of the total. At year end it held assets of $27k against liabilities of $0, net assets of $27k.