Youngstown Central Area Community Improvement Corporation

Analysis

Youngstown Central Area Community Improvement Corporation is a registered charity in United States, based in Youngstown, OH. It received its IRS tax-exemption ruling in October 2014, 12 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 June 2023, Youngstown Central Area Community Improvement Corporation reported income of $1.7m and spending of $1.5m, spending 89% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $2.0m to $1.7m (-15%), an average of -4.0% a year. The sharpest change came in the year to June 2023, when income dropped by 16%. Over the whole period it spent 85% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Youngstown Central Area Community Improvement Corporation sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 85th percentile within OH. Charities of a similar size with the same main cause include Native American Food Sovereignty Alliance ($1.7m), Junior League of El Paso Inc ($1.7m) and St Barnabas Clinical Services Inc ($1.7m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 99% of the total. Compensation of current officers, directors and key employees was $75k (5.0% of expenses). At year end it held assets of $7.4m against liabilities of $4.2m, net assets of $3.2m. It reported 1 employees.