Raise the Bar Hancock County

Analysis

Raise the Bar Hancock County is a registered charity in United States, based in Findlay, OH. It received its IRS tax-exemption ruling in December 2016, 10 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, Raise the Bar Hancock County reported income of $331k and spending of $414k, spending 125% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $312k to $331k (+6.1%), an average of +1.5% a year. The sharpest change came in the year to December 2021, when income rose by 254%. Over the whole period it spent 85% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Raise the Bar Hancock County sits at the 61st percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 63rd percentile within OH. Charities of a similar size with the same main cause include Carroll County Economic Development ($331k), Target Alpena 2000 Corporation ($331k) and Kingsbridge District Management Association ($331k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 0.7% of the total. Other salaries and wages came to $127k. At year end it held assets of $683k against liabilities of $1,575, net assets of $681k. It reported 3 employees.