Sycamore Township CIC Inc

Analysis

Sycamore Township CIC Inc is a registered charity in United States, based in Cincinnati, OH. It received its IRS tax-exemption ruling in February 2014, 12 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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, Sycamore Township CIC Inc reported income of $100k and spending of $98k, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $75k to $100k (+33%), an average of +7.5% a year. The sharpest change came in the year to December 2022, when income rose by 120%. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Sycamore Township CIC Inc sits at the 37th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 37th percentile within OH. Charities of a similar size with the same main cause include East Coke County Ambulance Service ($100k), National Opportunity Project Inc ($100k) and Ocean Beach Volunteer and Exempt Firefighters Benevolent ($100k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $463k against liabilities of $0, net assets of $463k.