Campus Neighborhoods Revitalization Corporation

Analysis

Campus Neighborhoods Revitalization Corporation is a registered charity in United States, based in Morgantown, WV. It received its IRS tax-exemption ruling in June 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 June 2023, Campus Neighborhoods Revitalization Corporation reported income of $206k and spending of $318k, spending 154% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income fell from $313k to $206k (-34%), an average of -13% a year. The sharpest change came in the year to June 2021, when income dropped by 100%. Over the whole period it spent 72% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Campus Neighborhoods Revitalization Corporation sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 53rd percentile within WV. Charities of a similar size with the same main cause include Muncie Land Bank Inc ($206k), Rockridge District Association ($206k) and Movement Community Development Corporation ($206k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 97% of the total. At year end it held assets of $5.4m against liabilities of $5.0m, net assets of $417k.