Trotwood Community Improvement Corporation

Analysis

Trotwood Community Improvement Corporation is a registered charity in United States, based in Trotwood, OH. It received its IRS tax-exemption ruling in January 2014, 12 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, Trotwood Community Improvement Corporation reported income of $496k and spending of $631k, spending 127% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $387k to $496k (+28%), an average of +6.4% a year. The sharpest change came in the year to December 2022, when income rose by 558%. Over the whole period it spent 52% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Trotwood Community Improvement Corporation sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 70th percentile within OH. Charities of a similar size with the same main cause include Historic Eastside Community Development Corporation ($496k), McClouds Computer & Skills Training Center Inc ($497k) and Central Iowa Center for Independent Living ($496k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 68% and program service revenue 32% of the total. At year end it held assets of $4.7m against liabilities of $29k, net assets of $4.7m.