Huron County Development Council

Analysis

Huron County Development Council is a registered charity in United States, based in Norwalk, OH. It received its IRS tax-exemption ruling in November 1993, 33 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Huron County Development Council reported income of $129k and spending of $200k, spending 155% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $151k to $129k (-14%), an average of -14% a year. Over the whole period it spent 125% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Huron County Development Council sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 44th percentile within OH. Charities of a similar size with the same main cause include Claremore Main Street Inc ($129k), Asset Based Community Development Institute ($129k) and Federal Hill Main Street Inc ($129k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 49% and program service revenue 29% of the total. At year end it held assets of $168k against liabilities of $4,217, net assets of $164k.