Center for Community Arts

Analysis

Center for Community Arts is a registered charity in United States, based in Cape May, NJ. It received its IRS tax-exemption ruling in May 1995, 31 years ago. Its declared purposes cover youth development, which this site groups under children and youth 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, Center for Community Arts reported income of $59k and spending of $71k, spending 121% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income fell from $60k to $59k (-2.2%), an average of -0.7% a year. The sharpest change came in the year to June 2023, when income rose by 26%. Over the whole period it spent 121% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Center for Community Arts sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 30th percentile within NJ. Charities of a similar size with the same main cause include Impact Society Inc ($59k), Safe Events for Families ($59k) and Washington Township Youth Association Inc ($59k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 64% and program service revenue 35% of the total. Other salaries and wages came to $561. At year end it held assets of $406k against liabilities of $3,827, net assets of $402k. It reported 2 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.