Greater Dayton Union Cooperative Initiative Inc

Analysis

Greater Dayton Union Cooperative Initiative Inc is a registered charity in United States, based in Dayton, OH. It received its IRS tax-exemption ruling in October 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 April 2023, Greater Dayton Union Cooperative Initiative Inc reported income of $1.9m and spending of $1.8m, spending 95% of its income. Across the 5 years on record, from April 2019 to April 2023, income grew from $385k to $1.9m (+382%), an average of +48% a year. The sharpest change came in the year to April 2020, when income rose by 752%. Over the whole period it spent 56% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Greater Dayton Union Cooperative Initiative Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 85th percentile within OH. Charities of a similar size with the same main cause include Neighborhood Development Alliance Inc ($1.9m), Alliance for Gun Responsibility Foundation ($1.9m) and Drum-Desis Rising Up and Moving Inc ($1.9m).

On its Form 990 for the period ending April 2023, revenue came from contributions and grants 85% and program service revenue 5.9% of the total. Compensation of current officers, directors and key employees was $58k (3.3% of expenses). Other salaries and wages came to $251k. At year end it held assets of $4.2m against liabilities of $54k, net assets of $4.1m. It reported 9 employees.