Montclair Village Association

Analysis

Montclair Village Association is a registered charity in United States, based in Oakland, CA. It received its IRS tax-exemption ruling in January 2006, 20 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, Montclair Village Association reported income of $396k and spending of $407k, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $203k to $396k (+95%), an average of +18% a year. The sharpest change came in the year to December 2020, when income rose by 33%. Over the whole period it spent 79% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Montclair Village Association 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 68th percentile within CA. Charities of a similar size with the same main cause include Fremont Family Resource Center Corporation ($396k), Community Action of Nebraska Inc ($396k) and Renewall Inc ($396k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 52% and program service revenue 48% of the total. Compensation of current officers, directors and key employees was $56k (14% of expenses). Other salaries and wages came to $9,005. At year end it held assets of $439k against liabilities of $0, net assets of $439k. It reported 5 employees.