Akron Roundtable

Analysis

Akron Roundtable is a registered charity in United States, based in Cuyahoga FLS, OH. It received its IRS tax-exemption ruling in August 1978, 48 years ago. 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, Akron Roundtable reported income of $193k and spending of $201k, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $216k to $193k (-11%), an average of -2.8% a year. The sharpest change came in the year to December 2020, when income dropped by 59%. Over the whole period it spent 108% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Akron Roundtable sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 53rd percentile within OH. Charities of a similar size with the same main cause include Manitowoc Public Library Foundation Inc ($193k), Coalition for Civil Freedoms Foundation ($193k) and San Mateo Gymnastics Booster Club ($193k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 25% and program service revenue 75% of the total. Compensation of current officers, directors and key employees was $43k (22% of expenses). Other salaries and wages came to $9,252. At year end it held assets of $186k against liabilities of $0, net assets of $186k. It reported 2 employees.