Kenton Historic Courthouse District Inc

Analysis

Kenton Historic Courthouse District Inc is a registered charity in United States, based in Kenton, OH. It received its IRS tax-exemption ruling in May 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, Kenton Historic Courthouse District Inc reported income of $73k and spending of $66k, spending 90% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $42k to $73k (+74%), an average of +74% a year. The sharpest change came in the year to December 2023, when income rose by 74%. Over the whole period it spent 86% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Kenton Historic Courthouse District Inc sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 29th percentile within OH. Charities of a similar size with the same main cause include New Era Community Group Inc ($73k), SGV Charitable Foundation ($73k) and Medford Rotary Foundation ($73k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 97% of the total. At year end it held assets of $50k against liabilities of $0, net assets of $50k.