Community Building Partnership of Stark County Inc

Analysis

Community Building Partnership of Stark County Inc is a registered charity in United States, based in Canton, OH. It received its IRS tax-exemption ruling in October 2011, 15 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 December 2023, Community Building Partnership of Stark County Inc reported income of $555k and spending of $588k, spending 106% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $269k to $555k (+106%), an average of +20% a year. The sharpest change came in the year to December 2022, when income rose by 124%. Over the whole period it spent 105% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Community Building Partnership of Stark County Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 72nd percentile within OH. Charities of a similar size with the same main cause include Assistance League of Indianapolis Inc ($554k), Eastern Workforce Opportunity Regional Center & Services Inc ($555k) and Concerned Citizens of South Central Los Angeles ($554k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% and program service revenue 0.2% of the total. Compensation of current officers, directors and key employees was $86k (15% of expenses). Other salaries and wages came to $138k. At year end it held assets of $258k against liabilities of $189k, net assets of $70k. It reported 5 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.