Crochet Guild of America

Analysis

Crochet Guild of America is a registered charity in United States, based in Grove City, OH. It received its IRS tax-exemption ruling in January 2009, 17 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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, Crochet Guild of America reported income of $81k and spending of $56k, leaving 31% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $260k to $81k (-69%), an average of -25% a year. The sharpest change came in the year to December 2023, when income dropped by 59%. Over the whole period it spent 110% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Crochet Guild of America sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 32nd percentile within OH. Charities of a similar size with the same main cause include Armstrong Athletics ($81k), Odessa Downtown Lions Club Foundation Inc ($81k) and Greene County Outlaws Inc ($81k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 2.5% and program service revenue 22% of the total. At year end it held assets of $94k against liabilities of $82k, net assets of $12k.