Bexley Community Improvement Corporation

Analysis

Bexley Community Improvement Corporation is a registered charity in United States, based in Bexley, OH. It received its IRS tax-exemption ruling in July 2018, 8 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, Bexley Community Improvement Corporation reported income of $550k and spending of $481k, spending 87% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $385k to $550k (+43%), an average of +7.4% a year. The sharpest change came in the year to December 2019, when income rose by 55%. Over the whole period it spent 80% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Bexley Community Improvement Corporation sits at the 69th percentile: it is larger than about 68% 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 Revolution5 ($550k), Veterans Enterprise Training & Services Group Inc ($551k) and Utah Restaurant Association Foundation ($550k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 85% of the total. At year end it held assets of $5.8m against liabilities of $2.2m, net assets of $3.6m.