Conway Center for Family Business

Analysis

Conway Center for Family Business is a registered charity in United States, based in Columbus, OH. It received its IRS tax-exemption ruling in January 2007, 19 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Conway Center for Family Business reported income of $516k and spending of $413k, spending 80% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $368k to $516k (+40%), an average of +8.8% a year. The sharpest change came in the year to December 2021, when income rose by 56%. Over the whole period it spent 90% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Conway Center for Family Business sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 71st percentile within OH. Charities of a similar size with the same main cause include Ofs Holdings Inc ($516k), Union City Pride Incorporated ($516k) and SBC Community Development Corporation of Richmond Heights ($515k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 61% and program service revenue 26% of the total. Other salaries and wages came to $195k. At year end it held assets of $1.6m against liabilities of $0, net assets of $1.6m. It reported 5 employees.