Joint Economic Development Initiative of Southern Ohio

Analysis

Joint Economic Development Initiative of Southern Ohio is a registered charity in United States, based in Jackson, OH. It received its IRS tax-exemption ruling in May 2019, 7 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, Joint Economic Development Initiative of Southern Ohio reported income of $392k and spending of $167k, leaving 57% of income unspent that year. Across the 6 years on record, from December 2018 to December 2023, income fell from $429k to $392k (-8.5%), an average of -1.8% a year. Over the whole period it spent 96% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Joint Economic Development Initiative of Southern Ohio sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 66th percentile within OH. Charities of a similar size with the same main cause include Cents Ability Inc ($392k), Florida Kiwanis Foundation Inc ($393k) and Granary Foundation ($392k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $296k against liabilities of $0, net assets of $296k.