East Village Community Coalition Inc

Analysis

East Village Community Coalition Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in December 2008, 18 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, East Village Community Coalition Inc reported income of $245k and spending of $401k, spending 163% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $190k to $245k (+29%), an average of +6.6% a year. The sharpest change came in the year to December 2023, when income rose by 50%. Over the whole period it spent 112% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, East Village Community Coalition Inc sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 55th percentile within NY. Charities of a similar size with the same main cause include Regional Economic Development Corporation ($245k), Beacon Business Alliance ($245k) and Springfield Cultural Partnership Incorporated ($245k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $78k (19% of expenses). At year end it held assets of $398k against liabilities of $15k, net assets of $382k.