Albion Community Center Inc

Analysis

Albion Community Center Inc is a registered charity in United States, based in Albion, IN. It received its IRS tax-exemption ruling in March 2018, 8 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Albion Community Center Inc reported income of $113k and spending of $124k, spending 109% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income fell from $591k to $113k (-81%), an average of -42% a year. The sharpest change came in the year to December 2021, when income dropped by 73%. Over the whole period it spent 42% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Albion Community Center Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 38th percentile within IN. Charities of a similar size with the same main cause include University City Open Doors Inc ($113k), Mountain Avenue Committed to Kids ($113k) and Academic Learning Center ($113k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 61% and program service revenue 33% of the total. Other salaries and wages came to $57k. At year end it held assets of $1.1m against liabilities of $0, net assets of $1.1m. It reported 8 employees.