Greater Erie County Marketing Group Inc Charitable Fund

Analysis

Greater Erie County Marketing Group Inc Charitable Fund is a registered charity in United States, based in Sandusky, OH. It received its IRS tax-exemption ruling in March 1989, 37 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, Greater Erie County Marketing Group Inc Charitable Fund reported income of $645k and spending of $641k, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $319k to $645k (+102%), an average of +19% a year. The sharpest change came in the year to December 2020, when income rose by 102%. Over the whole period it spent 83% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Greater Erie County Marketing Group Inc Charitable Fund sits at the 72nd percentile: it is larger than about 72% 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 Trinity Human Services Corporation ($645k), Palacios Medical Foundation ($645k) and Music Room Inc ($645k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 77% and program service revenue 6.2% of the total. Other salaries and wages came to $396k. At year end it held assets of $796k against liabilities of $4,660, net assets of $791k. It reported 9 employees.