Crown Heights North Association Inc

Analysis

Crown Heights North Association Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in February 2004, 22 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, Crown Heights North Association Inc reported income of $69k and spending of $73k, spending 106% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $119k to $69k (-42%), an average of -42% a year. The sharpest change came in the year to December 2023, when income dropped by 42%. Over the whole period it spent 97% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Crown Heights North Association Inc sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 28th percentile within NY. Charities of a similar size with the same main cause include Assisted Employment Services Inc ($69k), Dream Worthy ($69k) and Cca Foundation ($69k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $6,899 against liabilities of $0, net assets of $6,899.