Auglaize Industries Inc

Analysis

Auglaize Industries Inc is a registered charity in United States, based in New Bremen, OH. It received its IRS tax-exemption ruling in August 1983, 43 years ago. 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, Auglaize Industries Inc reported income of $2.6m and spending of $1.8m, leaving 29% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.2m to $2.6m (+19%), an average of +4.4% a year. The sharpest change came in the year to December 2021, when income rose by 72%. Over the whole period it spent 70% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Auglaize Industries Inc sits at the 87th percentile: it is larger than about 87% 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 Step 2 ($2.6m), Youthhope ($2.6m) and Bellevue Public School Foundation ($2.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.1% and program service revenue 93% of the total. Other salaries and wages came to $1.0m. At year end it held assets of $5.8m against liabilities of $42k, net assets of $5.7m. It reported 100 employees.