African American Legacy Project of Northwest Ohio

Analysis

African American Legacy Project of Northwest Ohio is a registered charity in United States, based in Toledo, OH. It received its IRS tax-exemption ruling in April 2015, 11 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 December 2023, African American Legacy Project of Northwest Ohio reported income of $76k and spending of $72k, spending 95% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $55k to $76k (+38%), an average of +38% a year. The sharpest change came in the year to December 2023, when income rose by 38%. Over the whole period it spent 106% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, African American Legacy Project of Northwest Ohio sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 30th percentile within OH. Charities of a similar size with the same main cause include Photographic Historical Society of New England Inc ($76k), Maine Acadian Heritage Council ($76k) and Washington Band Boosters Association ($76k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 92% of the total. At year end it held assets of $459k against liabilities of $57k, net assets of $402k.