The Little Exchange Inc

Analysis

The Little Exchange Inc is a registered charity in United States, based in Oakwood, OH. It received its IRS tax-exemption ruling in September 2009, 17 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 January 2023, The Little Exchange Inc reported income of $270k and spending of $267k, spending 99% of its income. Across the 4 years on record, from January 2020 to January 2023, income grew from $142k to $270k (+90%), an average of +24% a year. The sharpest change came in the year to January 2022, when income rose by 116%. Over the whole period it spent 90% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, The Little Exchange Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 60th percentile within OH. Charities of a similar size with the same main cause include Greater Port Clinton Area Arts Council ($270k), Film Las Cruces ($270k) and Hip Kids Inc ($270k).

On its Form 990 for the period ending January 2023, revenue came from contributions and grants 3.0% of the total. Compensation of current officers, directors and key employees was $52k (19% of expenses). Other salaries and wages came to $16k. At year end it held assets of $460k against liabilities of $59k, net assets of $400k. It reported 2 employees.