Coalition of North East Associations Inc

Analysis

Coalition of North East Associations Inc is a registered charity in United States, based in Rochester, NY. It received its IRS tax-exemption ruling in December 1987, 39 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 2024, Coalition of North East Associations Inc reported income of $141k and spending of $139k, spending 99% of its income. Across the 3 years on record, from June 2022 to June 2024, income grew from $113k to $141k (+25%), an average of +12% a year. The sharpest change came in the year to June 2024, when income rose by 44%. Over the whole period it spent 105% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Coalition of North East Associations Inc sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 44th percentile within NY. Charities of a similar size with the same main cause include Vision Haywood County ($141k), Spencer Main Street Company ($141k) and Core Community Center ($141k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $87k against liabilities of $81k, net assets of $6,214.