Geauga Local Access Cable Corporation

Analysis

Geauga Local Access Cable Corporation is a registered charity in United States, based in Chardon, OH. It received its IRS tax-exemption ruling in June 1998, 28 years ago. Its declared purposes cover education, which this site groups under education and training. 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 August 2023, Geauga Local Access Cable Corporation reported income of $189k and spending of $178k, spending 94% of its income. Across the 4 years on record, from August 2019 to August 2023, income fell from $227k to $189k (-16%), an average of -5.8% a year. The sharpest change came in the year to August 2022, when income dropped by 19%. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Geauga Local Access Cable Corporation sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 53rd percentile within OH. Charities of a similar size with the same main cause include Medexecwomen Inc ($189k), Milton Foundation for Education ($189k) and Francis Scott Key Elementary Middle School PTO Inc ($189k).

On its Form 990-EZ for the period ending August 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $70k against liabilities of $1,055, net assets of $69k.