Pocono Northeast Development Fund

Analysis

Pocono Northeast Development Fund is a registered charity in United States, based in Pittston, PA. It received its IRS tax-exemption ruling in January 1986, 40 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 June 2023, Pocono Northeast Development Fund reported income of $109k and spending of $121k, spending 111% of what it took in. Across the 2 years on record, from June 2022 to June 2023, income grew from $96k to $109k (+14%), an average of +14% a year. Over the whole period it spent 120% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Pocono Northeast Development Fund sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 37th percentile within PA. Charities of a similar size with the same main cause include Mid-Ozark Casa Program ($109k), Upper McKenzie Community Center ($109k) and Moms Against Fluoridation ($109k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 56% and program service revenue 44% of the total. At year end it held assets of $634k against liabilities of $24k, net assets of $610k.