Niagara Organizing Alliance for Hope

Analysis

Niagara Organizing Alliance for Hope is a registered charity in United States, based in Niagara Falls, NY. It received its IRS tax-exemption ruling in July 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 (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, Niagara Organizing Alliance for Hope reported income of $86k and spending of $71k, spending 83% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $97k to $86k (-11%), an average of -5.8% a year. The sharpest change came in the year to December 2023, when income rose by 56%. Over the whole period it spent 129% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Niagara Organizing Alliance for Hope sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 33rd percentile within NY. Charities of a similar size with the same main cause include Preservation and Enhancement Fund of Mount Olivet Cemetery Inc ($86k), Atkinson Lions Foundation Inc ($86k) and Black Chamber of Commerce of Greater Kansas City Incorporated ($86k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 65% of the total. At year end it held assets of $38k against liabilities of $0, net assets of $38k.