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Ashtabula Area Chamber of Commerce Inc

RegisteredEIN 34-1747478Ashtabula, OHOther charitable purposes
Income$53k2023-12
Spending$27ksame year
Spent / received72%2-year average
Size in its cause20th pctOther charitable purposes
Exempt since1944Supporting organisation
Employees–latest return

Analysis

Ashtabula Area Chamber of Commerce Inc is a registered charity in United States, based in Ashtabula, OH. It received its IRS tax-exemption ruling in October 1944, 82 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3).

In the financial year ending December 2023, Ashtabula Area Chamber of Commerce Inc reported income of $53k and spending of $27k, leaving 50% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $37k to $53k (+43%), an average of +43% a year. The sharpest change came in the year to December 2023, when income rose by 43%. Over the whole period it spent 72% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Ashtabula Area Chamber of Commerce Inc sits at the 20th percentile: it is larger than about 20% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 21st percentile within OH. Charities of a similar size with the same main cause include PTA North Carolina Congress ($53k), The Attorney - Cpa Foundation ($53k) and Tecumseh Area Historical Society ($53k).

At year end it held assets of $180k against liabilities of $0, net assets of $180k.

Income and spending

$0$13k$27k$40k$53k2022 Income: $37,2172022 Spending: $38,22320222023 Income: $53,1822023 Spending: $26,5512023
IncomeSpending

Where the income comes from

  • Other 100%

Similar-sized charities, same cause

CharityLocationIncome
PTA North Carolina CongressPittsboro$53k
The Attorney - Cpa FoundationCleveland$53k
Tecumseh Area Historical SocietyTecumseh$53k
Lutheran Deaconess Motherhouse at MilwaukeeMilwaukee$53k