McGivney Community Center Inc

Analysis

McGivney Community Center Inc is a registered charity in United States, based in Bridgeport, CT. It received its IRS tax-exemption ruling in October 1994, 32 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, McGivney Community Center Inc reported income of $618k and spending of $592k, spending 96% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $697k to $618k (-11%), an average of -2.9% a year. The sharpest change came in the year to June 2021, when income dropped by 31%. Over the whole period it spent 82% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, McGivney Community Center Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 72nd percentile within CT. Charities of a similar size with the same main cause include International Accreditation Forum Inc ($618k), Mansfield Firemens Ambulance Association Inc ($619k) and Mimis Pantry ($618k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 73% and program service revenue 13% of the total. Compensation of current officers, directors and key employees was $32k (5.5% of expenses). Other salaries and wages came to $282k. At year end it held assets of $1.4m against liabilities of $28k, net assets of $1.4m. It reported 23 employees.