Meigs County Community Improvement Corporation

Analysis

Meigs County Community Improvement Corporation is a registered charity in United States, based in Pomeroy, OH. It received its IRS tax-exemption ruling in April 1997, 29 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, Meigs County Community Improvement Corporation reported income of $838k and spending of $760k, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $557k to $838k (+51%), an average of +11% a year. The sharpest change came in the year to December 2022, when income dropped by 56%. Over the whole period it spent 86% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Meigs County Community Improvement Corporation sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 77th percentile within OH. Charities of a similar size with the same main cause include Cor Community Development Corporation ($838k), Grassroot Givers Inc ($839k) and Delaware River City Corporation ($838k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 90% and program service revenue 0.0% of the total. At year end it held assets of $10.0m against liabilities of $6.9m, net assets of $3.1m.