Three Corner Round Pack Outfit Inc

Analysis

Three Corner Round Pack Outfit Inc is a registered charity in United States, based in Chagrin Falls, OH. It received its IRS tax-exemption ruling in August 1979, 47 years ago. 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 October 2023, Three Corner Round Pack Outfit Inc reported income of $78k and spending of $148k, spending 188% of what it took in. Across the 2 years on record, from October 2022 to October 2023, income fell from $134k to $78k (-42%), an average of -42% a year. The sharpest change came in the year to October 2023, when income dropped by 42%. Over the whole period it spent 125% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Three Corner Round Pack Outfit Inc sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 31st percentile within OH. Charities of a similar size with the same main cause include Norma Wieblen Char Fund ($78k), Veterans Golf Program ($78k) and Flint Science Fair Inc ($78k).

On its Form 990-EZ for the period ending October 2023, revenue came from contributions and grants 100% and program service revenue 0.2% of the total. At year end it held assets of $55k against liabilities of $65k, net assets of -$9,995.