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Jackson County Economic Development Partnership

RegisteredEIN 34-1604927Jackson, OHCommunity and economic development
Income$382k2023-12
Spending$221ksame year
Spent / received50%6-year average
Size in its cause63rd pctCommunity and economic development
Exempt since1990Publicly supported organisat
Employees4latest return

Analysis

Jackson County Economic Development Partnership is a registered charity in United States, based in Jackson, OH. It received its IRS tax-exemption ruling in March 1990, 36 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, Jackson County Economic Development Partnership reported income of $382k and spending of $221k, leaving 42% of income unspent that year. Across the 6 years on record, from December 2018 to December 2023, income grew from $234k to $382k (+63%), an average of +10% a year. The sharpest change came in the year to December 2022, when income dropped by 628%. Over the whole period it spent 50% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Jackson County Economic Development Partnership sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 66th percentile within OH. Charities of a similar size with the same main cause include Connecticut Alliance to Benefit Law Enforcement Inc ($382k), Challenge Detroit ($382k) and Westport Book Sale Ventures Inc ($381k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% and program service revenue 4.6% of the total. Compensation of current officers, directors and key employees was $73k (33% of expenses). Other salaries and wages came to $64k. At year end it held assets of $1.0m against liabilities of $6,109, net assets of $996k. It reported 4 employees.

Income and spending

$0$352k$705k$1.1m$1.4m2018 Income: $234,4352018 Spending: $117,99620182019 Income: $656,9032019 Spending: $119,57720192020 Income: $1,409,4052020 Spending: $126,51620202021 Income: $212,5432021 Spending: $130,97820212022 Income: -$1,121,6812022 Spending: $165,32120222023 Income: $381,6272023 Spending: $220,5642023
IncomeSpending

Where the income comes from

  • Contributions & grants 92%
  • Program services 4.6%
  • Other 3.4%

Similar-sized charities, same cause

CharityLocationIncome
Connecticut Alliance to Benefit Law Enforcement IncNewington$382k
Challenge DetroitRoyal Oak$382k
Westport Book Sale Ventures IncWestport$381k
Sellwood Moreland Improvement LeaguePortland$382k