Center for Economic & Enviromental Partnership Inc

Analysis

Center for Economic & Enviromental Partnership Inc is a registered charity in United States, based in Albany, NY. It received its IRS tax-exemption ruling in September 1997, 29 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Center for Economic & Enviromental Partnership Inc reported income of $146k and spending of $176k, spending 120% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $228k to $146k (-36%), an average of -36% a year. The sharpest change came in the year to December 2023, when income dropped by 36%. Over the whole period it spent 89% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Center for Economic & Enviromental Partnership Inc sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 45th percentile within NY. Charities of a similar size with the same main cause include Shebuilds Foundation Inc ($146k), Grow Iowa Foundation Inc ($146k) and Gladstone Economic Betterment Council ($146k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $53k against liabilities of $14k, net assets of $38k.