North East Community Center Inc

Analysis

North East Community Center Inc is a registered charity in United States, based in Millerton, 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 December 2023, North East Community Center Inc reported income of $3.7m and spending of $2.6m, leaving 30% of income unspent that year. Across the 5 years on record, from September 2019 to December 2023, income grew from $1.1m to $3.7m (+228%), an average of +35% a year. The sharpest change came in the year to December 2021, when income rose by 440%. Over the whole period it spent 86% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, North East Community Center Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 88th percentile within NY. Charities of a similar size with the same main cause include Oak Manor Inc ($3.7m), East Hampton Library ($3.7m) and Kingston Self-Help Center Inc Dba Peoples Place ($3.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% and program service revenue 4.7% of the total. Compensation of current officers, directors and key employees was $112k (4.3% of expenses). Other salaries and wages came to $1.5m. At year end it held assets of $2.1m against liabilities of $181k, net assets of $2.0m. It reported 75 employees.