Allaire Village Inc

Analysis

Allaire Village Inc is a registered charity in United States, based in Wall Township, NJ. It received its IRS tax-exemption ruling in July 1963, 63 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Allaire Village Inc reported income of $792k and spending of $1.0m, spending 129% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $547k to $792k (+45%), an average of +9.7% a year. The sharpest change came in the year to December 2022, when income rose by 79%. Over the whole period it spent 95% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Allaire Village Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 80th percentile within NJ. Charities of a similar size with the same main cause include New York State Archives Partnership TR ($792k), Waltham Community Access Corporation ($793k) and Mariposa County Arts Council Inc ($792k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 17% and program service revenue 16% of the total. Other salaries and wages came to $470k. At year end it held assets of $799k against liabilities of $125k, net assets of $674k. It reported 44 employees.