Akron - Barberton - Summit County Coc

Analysis

Akron - Barberton - Summit County Coc is a registered charity in United States, based in Akron, OH. It received its IRS tax-exemption ruling in October 2019, 7 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 March 2024, Akron - Barberton - Summit County Coc reported income of $528k and spending of $496k, spending 94% of its income. Across the 3 years on record, from March 2022 to March 2024, income grew from $470k to $528k (+12%), an average of +6.0% a year. The sharpest change came in the year to March 2023, when income rose by 59%. Over the whole period it spent 100% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Akron - Barberton - Summit County Coc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 71st percentile within OH. Charities of a similar size with the same main cause include Akha Outreach Services Inc ($528k), New Beginnings-A Home for Mothers ($529k) and St Louis County Parks Foundation ($528k).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 100% and program service revenue 0.4% of the total. Other salaries and wages came to $236k. At year end it held assets of $52k against liabilities of $0, net assets of $52k. It reported 6 employees.