Ohio Brew Week Inc

Analysis

Ohio Brew Week Inc is a registered charity in United States, based in Athens, OH. It received its IRS tax-exemption ruling in April 2011, 15 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Ohio Brew Week Inc reported income of $68k and spending of $74k, spending 108% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $87k to $68k (-21%), an average of -21% a year. The sharpest change came in the year to December 2023, when income dropped by 21%. 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, Ohio Brew Week Inc sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 27th percentile within OH. Charities of a similar size with the same main cause include Nikao Foundation ($68k), Main Street Homer ($68k) and Fennimore Area Foundation Inc ($68k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 1.5% and program service revenue 53% of the total. At year end it held assets of $59k against liabilities of $5,000, net assets of $54k.