Downtown West Orange Alliance Inc

Analysis

Downtown West Orange Alliance Inc is a registered charity in United States, based in West Orange, NJ. It received its IRS tax-exemption ruling in October 2000, 26 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, Downtown West Orange Alliance Inc reported income of $249k and spending of $240k, spending 96% of its income. Across the 3 years on record, from December 2020 to December 2023, income grew from $229k to $249k (+8.5%), an average of +4.2% a year. Over the whole period it spent 92% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Downtown West Orange Alliance Inc sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 65th percentile within NJ. Charities of a similar size with the same main cause include Tie Foundation ($249k), Metrowest Nonprofit Network Inc ($249k) and Gallup Bid Inc ($248k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 14% and program service revenue 86% of the total. Compensation of current officers, directors and key employees was $60k (25% of expenses). Other salaries and wages came to $24k. At year end it held assets of $61k against liabilities of $0, net assets of $61k. It reported 2 employees.