Copley Community Improvement Corporation

Analysis

Copley Community Improvement Corporation is a registered charity in United States, based in Copley, 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, Copley Community Improvement Corporation reported income of $158k and spending of $72k, leaving 55% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $226k to $158k (-30%), an average of -8.6% a year. The sharpest change came in the year to December 2022, when income rose by 225%. Over the whole period it spent 23% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Copley Community Improvement Corporation sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 49th percentile within OH. Charities of a similar size with the same main cause include Desert Recreation Foundation ($158k), Lake Superior Community Partnership Foundation ($158k) and Onset Bay Association Inc ($158k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 109% of the total. Compensation of current officers, directors and key employees was $7,500 (10% of expenses). At year end it held assets of $1.4m against liabilities of $154k, net assets of $1.3m.