Ashland County Land Reutilization Corporation

Analysis

Ashland County Land Reutilization Corporation is a registered charity in United States, based in Ashland, OH. It received its IRS tax-exemption ruling in June 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, Ashland County Land Reutilization Corporation reported income of $86k and spending of $73k, spending 85% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $388k to $86k (-78%), an average of -31% a year. The sharpest change came in the year to December 2020, when income dropped by 71%. Over the whole period it spent 28% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Ashland County Land Reutilization Corporation sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 34th percentile within OH. Charities of a similar size with the same main cause include Ocpc Regional Operation and Management Inc ($86k), Dekalb County Nursing Home Foundation Inc ($86k) and Texas Hill Country Trail Region ($86k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 144% of the total. At year end it held assets of $434k against liabilities of $362, net assets of $434k.