Crown Heights Preservation Committee Corp

Analysis

Crown Heights Preservation Committee Corp is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in September 1994, 32 years ago. 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, Crown Heights Preservation Committee Corp reported income of $781k and spending of $714k, spending 91% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $549k to $781k (+42%), an average of +9.2% a year. The sharpest change came in the year to June 2023, when income rose by 30%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Crown Heights Preservation Committee Corp sits at the 75th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 72nd percentile within NY. Charities of a similar size with the same main cause include The Sexual Trauma and Abuse Care Center Inc ($780k), San Diego Crew Classic Inc ($781k) and Nonprofit Leadership Alliance ($780k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 85% of the total. Compensation of current officers, directors and key employees was $70k (9.9% of expenses). Other salaries and wages came to $215k. At year end it held assets of $159k against liabilities of $21k, net assets of $138k. It reported 8 employees.