East Hanover Community Partnershipinc

Analysis

East Hanover Community Partnershipinc is a registered charity in United States, based in East Hanover, NJ. It received its IRS tax-exemption ruling in May 2007, 19 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 Hanover Community Partnershipinc reported income of $249k and spending of $416k, spending 167% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $300k to $249k (-17%), an average of -4.6% a year. Over the whole period it spent 91% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, East Hanover Community Partnershipinc 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 65th percentile within NJ. Charities of a similar size with the same main cause include India Community Center of Rochester ($249k), Inner-City Filmmakers ($249k) and Minnesota Africans United ($249k).

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