Associated Charities of Ashland Ohio Inc

Analysis

Associated Charities of Ashland Ohio Inc is a registered charity in United States, based in Ashland, OH. It received its IRS tax-exemption ruling in August 1988, 38 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, Associated Charities of Ashland Ohio Inc reported income of $633k and spending of $501k, leaving 21% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $518k to $633k (+22%), an average of +5.1% a year. The sharpest change came in the year to December 2023, when income rose by 142%. Over the whole period it spent 73% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Associated Charities of Ashland Ohio Inc 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 74th percentile, and in the 74th percentile within OH. Charities of a similar size with the same main cause include Southern Birth Justice Network ($633k), The Fund for Women and Girls ($633k) and Senior Care Volunteer Network ($633k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 69% of the total. Compensation of current officers, directors and key employees was $62k (12% of expenses). Other salaries and wages came to $64k. At year end it held assets of $2.4m against liabilities of $3,959, net assets of $2.4m. It reported 5 employees.