Athens County Economic Development Council

Analysis

Athens County Economic Development Council is a registered charity in United States, based in Athens, OH. It received its IRS tax-exemption ruling in March 2009, 17 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, Athens County Economic Development Council reported income of $268k and spending of $247k, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $280k to $268k (-4.2%), an average of -1.1% a year. The sharpest change came in the year to December 2021, when income rose by 17%. Over the whole period it spent 79% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Athens County Economic Development Council sits at the 57th percentile: it is larger than about 56% 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 Friends of the Trail ($268k), North Dakota Farmers Union Foundation ($269k) and Educational Foundation of the Nassau/Suffolk Chapter of Nccpap ($268k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $89k (36% of expenses). Other salaries and wages came to $68k. At year end it held assets of $491k against liabilities of $4,026, net assets of $487k. It reported 3 employees.