Piketon Community Improvement Corporation

Analysis

Piketon Community Improvement Corporation is a registered charity in United States, based in Piketon, OH. It received its IRS tax-exemption ruling in May 2020, 6 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, Piketon Community Improvement Corporation reported income of $151k and spending of $105k, leaving 31% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $50k to $151k (+202%), an average of +74% a year. The sharpest change came in the year to December 2023, when income rose by 240%. Over the whole period it spent 57% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Piketon Community Improvement Corporation sits at the 45th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 48th percentile within OH. Charities of a similar size with the same main cause include Sumter County Community Development Corporation Inc ($151k), Forward Brunswick Inc ($151k) and Womens Club of Englewood ($151k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 15% and program service revenue 85% of the total. At year end it held assets of $106k against liabilities of $0, net assets of $106k.