Erie Community Plaza Inc

Analysis

Erie Community Plaza Inc is a registered charity in United States, based in Sandusky, OH. It received its IRS tax-exemption ruling in January 1993, 33 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, Erie Community Plaza Inc reported income of $172k and spending of $229k, spending 133% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $166k to $172k (+4.0%), an average of +1.0% a year. Over the whole period it spent 120% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Erie Community Plaza Inc sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 51st percentile within OH. Charities of a similar size with the same main cause include Rock of Living Water Ministries ($172k), Joy Closet ($172k) and I Ams Garden ($172k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 95% of the total. At year end it held assets of $949k against liabilities of $1.6m, net assets of -$646k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.