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Akron Community Service Center & Urban League

RegisteredEIN 34-0714520Akron, OHPoverty relief
Income$2.5m2023-12
Spending$3.3msame year
Spent / received86%5-year average
Size in its cause85th pctPoverty relief
Exempt since1946Publicly supported organisat
Employees45latest return

Analysis

Akron Community Service Center & Urban League is a registered charity in United States, based in Akron, OH. It received its IRS tax-exemption ruling in August 1946, 80 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Akron Community Service Center & Urban League reported income of $2.5m and spending of $3.3m, spending 134% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.1m to $2.5m (+18%), an average of +4.2% a year. The sharpest change came in the year to December 2022, when income rose by 65%. Over the whole period it spent 86% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Akron Community Service Center & Urban League sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 88th percentile within OH. Charities of a similar size with the same main cause include Kids Korner Educare Centers Inc ($2.5m), Dutton Farm Inc ($2.5m) and Disability Network Southwest Michigan ($2.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. Compensation of current officers, directors and key employees was $273k (8.2% of expenses). Other salaries and wages came to $1.5m. At year end it held assets of $7.4m against liabilities of $2.4m, net assets of $5.0m. It reported 45 employees.

Income and spending

$0$1.2m$2.4m$3.6m$4.8m2019 Income: $2,106,7252019 Spending: $2,240,67220192020 Income: $2,893,2632020 Spending: $2,100,01720202021 Income: $2,879,4692021 Spending: $2,403,96220212022 Income: $4,757,5472022 Spending: $2,851,18420222023 Income: $2,485,9952023 Spending: $3,328,3782023
IncomeSpending

Where the income comes from

  • Contributions & grants 96%
  • Other 3.8%

Similar-sized charities, same cause

CharityLocationIncome
Kids Korner Educare Centers IncOwatonna$2.5m
Dutton Farm IncRochester HLS$2.5m
Disability Network Southwest MichiganKalamazoo$2.5m
Turning Point IncMonroe$2.5m