Community Shares of Mid Ohio

Analysis

Community Shares of Mid Ohio is a registered charity in United States, based in Columbus, OH. It received its IRS tax-exemption ruling in January 1993, 33 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 June 2024, Community Shares of Mid Ohio reported income of $1.2m and spending of $1.2m, spending 98% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $820k to $1.2m (+50%), an average of +8.5% a year. The sharpest change came in the year to June 2024, when income rose by 21%. Over the whole period it spent 102% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Community Shares of Mid Ohio sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 82nd percentile within OH. Charities of a similar size with the same main cause include Nussbaum Center for Entrepreneurship Inc ($1.2m), Pennsylvania State Association of County Fairs ($1.2m) and Asbestos Workers Local Union No 14 Joint Apprenticeship Training Fund ($1.2m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 90% and program service revenue 10.0% of the total. Compensation of current officers, directors and key employees was $56k (4.6% of expenses). Other salaries and wages came to $198k. At year end it held assets of $388k against liabilities of $286k, net assets of $102k. It reported 9 employees.