Operation Our Town

Analysis

Operation Our Town is a registered charity in United States, based in Altoona, PA. It received its IRS tax-exemption ruling in June 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 July 2023, Operation Our Town reported income of $358k and spending of $264k, leaving 26% of income unspent that year. Across the 5 years on record, from July 2019 to July 2023, income grew from $273k to $358k (+31%), an average of +7.1% a year. The sharpest change came in the year to July 2021, when income rose by 90%. Over the whole period it spent 94% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Operation Our Town sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 63rd percentile within PA. Charities of a similar size with the same main cause include Palm Beach Tech Foundation Inc ($358k), Startup Columbus Inc ($359k) and Riley Area Development Corporation ($357k).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 82% of the total. Other salaries and wages came to $53k. At year end it held assets of $423k against liabilities of $65, net assets of $423k. It reported 1 employees.