Great Falls Preservation & Development Corp

Analysis

Great Falls Preservation & Development Corp is a registered charity in United States, based in Paterson, NJ. It received its IRS tax-exemption ruling in April 1973, 53 years ago. 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 2022, Great Falls Preservation & Development Corp reported income of $169k and spending of $167k, spending 99% of its income. Across the 4 years on record, from December 2018 to December 2022, income fell from $191k to $169k (-11%), an average of -4.0% a year. Over the whole period it spent 106% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Great Falls Preservation & Development Corp sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 57th percentile within NJ. Charities of a similar size with the same main cause include Fort Smith Heritage Foundation Inc ($169k), Robert Cullen Trust No 105 Flanagan Community Churches Trust ($169k) and Ellensburg Area Swim Team ($169k).

On its Form 990-EZ for the period ending December 2022, revenue came from program service revenue 100% of the total. At year end it held assets of $118k against liabilities of $0, net assets of $118k.