Ironton & Lawrence County Area Community Action Organization

Analysis

Ironton & Lawrence County Area Community Action Organization is a registered charity in United States, based in Ironton, OH. It received its IRS tax-exemption ruling in December 1965, 61 years ago. 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, Ironton & Lawrence County Area Community Action Organization reported income of $48.2m and spending of $41.7m, spending 87% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $30.8m to $48.2m (+56%), an average of +12% a year. The sharpest change came in the year to December 2021, when income rose by 23%. Over the whole period it spent 89% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Ironton & Lawrence County Area Community Action Organization sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within OH. Charities of a similar size with the same main cause include Catholic Charities of Diocese of Albany ($48.1m), Milken Community School ($48.4m) and Urban League of Metropolitan St Louis ($48.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 52% and program service revenue 47% of the total. Compensation of current officers, directors and key employees was $2.0m (4.9% of expenses). Other salaries and wages came to $17.5m. At year end it held assets of $57.3m against liabilities of $21.8m, net assets of $35.5m. It reported 553 employees.