Ashland Schines Theater Inc

Analysis

Ashland Schines Theater Inc is a registered charity in United States, based in Ashland, OH. It received its IRS tax-exemption ruling in August 2015, 11 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Ashland Schines Theater Inc reported income of $764k and spending of $516k, leaving 32% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $473k to $764k (+61%), an average of +13% a year. The sharpest change came in the year to December 2022, when income rose by 356%. Over the whole period it spent 16% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Ashland Schines Theater Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 76th percentile within OH. Charities of a similar size with the same main cause include Community Day Care Center ($764k), Meadowbrook Acres Center for Independent Living Inc ($764k) and City Center Transitional Living Inc ($764k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 65% and program service revenue 33% of the total. Other salaries and wages came to $169k. It paid $28k in professional fundraising fees. At year end it held assets of $4.8m against liabilities of $405k, net assets of $4.4m. It reported 27 employees.