Niagara Community Action Program Inc

Analysis

Niagara Community Action Program Inc is a registered charity in United States, based in Niagara Falls, NY. It received its IRS tax-exemption ruling in January 1967, 59 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 October 2023, Niagara Community Action Program Inc reported income of $2.7m and spending of $2.5m, spending 92% of its income. Across the 5 years on record, from October 2019 to October 2023, income grew from $2.5m to $2.7m (+11%), an average of +2.5% a year. The sharpest change came in the year to October 2021, when income rose by 19%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Niagara Community Action Program Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 85th percentile within NY. Charities of a similar size with the same main cause include National Taxpayers Union Foundation ($2.7m), Providence Connects ($2.7m) and Oxbow ($2.7m).

On its Form 990 for the period ending October 2023, revenue came from contributions and grants 93% and program service revenue 5.1% of the total. Compensation of current officers, directors and key employees was $130k (5.1% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $2.0m against liabilities of $389k, net assets of $1.6m. It reported 43 employees.