Corryville Suzuki Project Inc

Analysis

Corryville Suzuki Project Inc is a registered charity in United States, based in Cincinnati, OH. It received its IRS tax-exemption ruling in August 2001, 25 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 June 2023, Corryville Suzuki Project Inc reported income of $66k and spending of $72k, spending 108% of what it took in. Across the 2 years on record, from June 2022 to June 2023, income fell from $79k to $66k (-16%), an average of -16% a year. The sharpest change came in the year to June 2023, when income dropped by 16%. Over the whole period it spent 118% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Corryville Suzuki Project Inc sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 26th percentile within OH. Charities of a similar size with the same main cause include Nepalese Association of Connecticut Company ($66k), Ars Arts & Culture Center ($66k) and Boys of Summer Inc ($66k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 28% and program service revenue 72% of the total. At year end it held assets of $2,127 against liabilities of $832, net assets of $1,295.