Ohio & Erie Canal Association

Analysis

Ohio & Erie Canal Association is a registered charity in United States, based in Akron, OH. It received its IRS tax-exemption ruling in June 1997, 29 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 September 2023, Ohio & Erie Canal Association reported income of $542k and spending of $542k, spending 100% of its income. Across the 5 years on record, from September 2019 to September 2023, income fell from $675k to $542k (-20%), an average of -5.3% a year. The sharpest change came in the year to September 2021, when income rose by 42%. Over the whole period it spent 100% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Ohio & Erie Canal Association sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 72nd percentile within OH. Charities of a similar size with the same main cause include Hana Arts ($542k), Southeastern Connecticut Television ($542k) and Livermore Valley Opera ($542k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 100% and program service revenue 0.1% of the total. At year end it held assets of $422k against liabilities of $238k, net assets of $185k.