Akron Press Association

Analysis

Akron Press Association is a registered charity in United States, based in Cuyahoga FLS, OH. It received its IRS tax-exemption ruling in June 1997, 29 years ago. Its declared purposes cover education, which this site groups under education and training. 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 2022, Akron Press Association reported income of $72k and spending of $67k, spending 94% of its income. Across the 4 years on record, from December 2019 to December 2022, income fell from $79k to $72k (-9.3%), an average of -3.2% a year. The sharpest change came in the year to December 2021, when income rose by 103%. Over the whole period it spent 87% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Akron Press Association sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 29th percentile within OH. Charities of a similar size with the same main cause include Bellevue Redmen Athletic Boosters Inc ($72k), Curington Elementary School PTO Inc ($72k) and Lake Forest High School Association of Parents & Teachers ($72k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 22% and program service revenue 65% of the total. At year end it held assets of $279k against liabilities of $0, net assets of $279k.