Community Improvement Corporation of Shelby Ohio

Analysis

Community Improvement Corporation of Shelby Ohio is a registered charity in United States, based in Shelby, OH. It received its IRS tax-exemption ruling in January 2018, 8 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, Community Improvement Corporation of Shelby Ohio reported income of $409k and spending of $972k, spending 238% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income grew from $383k to $409k (+6.8%), an average of +2.2% a year. The sharpest change came in the year to December 2023, when income rose by 125%. 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, Community Improvement Corporation of Shelby Ohio sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 67th percentile within OH. Charities of a similar size with the same main cause include Framing Our Community Inc ($409k), Transform Capital ($409k) and The Heph Foundation ($408k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 104% of the total. At year end it held assets of $356k against liabilities of $0, net assets of $356k.