Rahway Community Action Organization

Analysis

Rahway Community Action Organization is a registered charity in United States, based in Rahway, NJ. It received its IRS tax-exemption ruling in June 1972, 54 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, Rahway Community Action Organization reported income of $2.1m and spending of $2.1m, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.3m to $2.1m (+66%), an average of +14% a year. The sharpest change came in the year to December 2022, when income rose by 28%. Over the whole period it spent 96% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Rahway Community Action Organization sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 88th percentile within NJ. Charities of a similar size with the same main cause include People for People Community Development Corporation ($2.1m), Abilities Discovered Inc ($2.1m) and Pipe Fitters Educational Training Program Fund No 533 ($2.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 68% and program service revenue 32% of the total. Compensation of current officers, directors and key employees was $146k (7.1% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $1.0m against liabilities of $448k, net assets of $556k. It reported 44 employees.