Uptown Westerville Inc

Analysis

Uptown Westerville Inc is a registered charity in United States, based in Westerville, OH. It received its IRS tax-exemption ruling in January 2018, 8 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, Uptown Westerville Inc reported income of $221k and spending of $168k, leaving 24% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $167k to $221k (+32%), an average of +15% a year. The sharpest change came in the year to December 2022, when income rose by 30%. Over the whole period it spent 69% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Uptown Westerville Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 56th percentile within OH. Charities of a similar size with the same main cause include Indiana Association for College Admission Counseling Inc ($221k), Ujamaa Collective ($221k) and Kirksville Regional Economic Development Inc ($221k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 75% of the total. Compensation of current officers, directors and key employees was $68k (41% of expenses). Other salaries and wages came to $30k. At year end it held assets of $218k against liabilities of $1,420, net assets of $217k. It reported 2 employees.