Community Center of the Rockaway Peninsula

Analysis

Community Center of the Rockaway Peninsula is a registered charity in United States, based in Far Rockaway, NY. It received its IRS tax-exemption ruling in May 1993, 33 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, Community Center of the Rockaway Peninsula reported income of $207k and spending of $188k, spending 91% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $124k to $207k (+66%), an average of +14% a year. The sharpest change came in the year to August 2023, when income rose by 113%. Over the whole period it spent 101% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Community Center of the Rockaway Peninsula sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 52nd percentile within NY. Charities of a similar size with the same main cause include Georgia State Service Assembly ($207k), Wernersville Public Library Association ($207k) and Christian Liberty Celebration Center ($207k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 77% and program service revenue 23% of the total. Other salaries and wages came to $146k. At year end it held assets of $202k against liabilities of $166k, net assets of $36k.