Avon-Avon Lake Community Resource Services Inc

Analysis

Avon-Avon Lake Community Resource Services Inc is a registered charity in United States, based in Avon Lake, OH. It received its IRS tax-exemption ruling in September 1989, 37 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Avon-Avon Lake Community Resource Services Inc reported income of $836k and spending of $860k, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $626k to $836k (+34%), an average of +7.5% a year. The sharpest change came in the year to December 2020, when income rose by 25%. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Avon-Avon Lake Community Resource Services Inc 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 77th percentile, and in the 77th percentile within OH. Charities of a similar size with the same main cause include Caringmatters Inc ($836k), Next Step for Life Inc ($836k) and Corbin Senior Activity Center ($836k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 82% of the total. Compensation of current officers, directors and key employees was $70k (8.2% of expenses). Other salaries and wages came to $95k. At year end it held assets of $840k against liabilities of $0, net assets of $840k. It reported 8 employees.