North Side Business Club

Analysis

North Side Business Club is a registered charity in United States, based in Cincinnati, OH. It received its IRS tax-exemption ruling in November 2021, 5 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, North Side Business Club reported income of $403k and spending of $237k, leaving 41% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $154k to $403k (+162%), an average of +62% a year. The sharpest change came in the year to December 2023, when income rose by 94%. Over the whole period it spent 71% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, North Side Business Club sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 67th percentile within OH. Charities of a similar size with the same main cause include Sylmar Graffiti Busters ($403k), Main Street Oregon City ($403k) and Lafayette Electrical Joint Apprenticeship and Training Trust ($403k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 52% and program service revenue 0.6% of the total. At year end it held assets of $930k against liabilities of $46k, net assets of $885k.