Growth Partnership for Ashtabula County

Analysis

Growth Partnership for Ashtabula County is a registered charity in United States, based in Jefferson, OH. It received its IRS tax-exemption ruling in June 1985, 41 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 September 2023, Growth Partnership for Ashtabula County reported income of $335k and spending of $231k, leaving 31% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income fell from $496k to $335k (-33%), an average of -9.4% a year. The sharpest change came in the year to September 2020, when income dropped by 28%. Over the whole period it spent 81% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Growth Partnership for Ashtabula County sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 64th percentile within OH. Charities of a similar size with the same main cause include Hundred Club of Detroit ($334k), Tuskegee Area Health Education Center ($335k) and Middle Georgia Aquatics Inc ($334k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 87% of the total. Compensation of current officers, directors and key employees was $123k (53% of expenses). Other salaries and wages came to $40k. At year end it held assets of $674k against liabilities of $105k, net assets of $569k. It reported 2 employees.