Logan Guyandotte Improvement Committee Inc

Analysis

Logan Guyandotte Improvement Committee Inc is a registered charity in United States, based in Logan, WV. It received its IRS tax-exemption ruling in June 1997, 29 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Logan Guyandotte Improvement Committee Inc reported income of $54k and spending of $37k, leaving 33% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $74k to $54k (-27%), an average of -7.5% a year. The sharpest change came in the year to December 2021, when income rose by 31%. Over the whole period it spent 72% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Logan Guyandotte Improvement Committee Inc sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 19th percentile within WV. Charities of a similar size with the same main cause include Key Tech Labs ($54k), Learning in Retirement of Waukesha County ($54k) and Friends of the Rogers Memorial Library ($54k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 88% of the total. At year end it held assets of $597k against liabilities of $375, net assets of $597k.