Buckeye Lake 2030 Corporation

Analysis

Buckeye Lake 2030 Corporation is a registered charity in United States, based in Buckeye Lake, OH. It received its IRS tax-exemption ruling in December 2017, 9 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, Buckeye Lake 2030 Corporation reported income of $336k and spending of $272k, spending 81% of its income. Across the 4 years on record, from December 2020 to December 2023, income fell from $336k to $336k (-0.1%), an average of +-0.0% a year. The sharpest change came in the year to December 2023, when income rose by 95%. Over the whole period it spent 95% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Buckeye Lake 2030 Corporation sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 64th percentile within OH. Charities of a similar size with the same main cause include Main Street Martinez Inc ($335k), Phoenix Community Alliance Inc ($336k) and Heart of Brevard ($335k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $66k (24% of expenses). At year end it held assets of $99k against liabilities of $14k, net assets of $85k.