Cumberland Empowerment Zone Corporation

Analysis

Cumberland Empowerment Zone Corporation is a registered charity in United States, based in Vineland, NJ. It received its IRS tax-exemption ruling in April 1999, 27 years ago. Its declared purposes cover public safety, disaster preparedness and relief, which this site groups under armed forces, emergency and public safety. 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, Cumberland Empowerment Zone Corporation reported income of $554k and spending of $488k, spending 88% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.1m to $554k (-50%), an average of -16% a year. The sharpest change came in the year to December 2022, when income rose by 83%. Over the whole period it spent 99% of the income it received.

Among 9,128 United States charities whose main cause is armed forces, emergency and public safety and that reported income, Cumberland Empowerment Zone Corporation sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 76th percentile within NJ. Charities of a similar size with the same main cause include Volunteer Fire Company Number One of Laurel Maryland Inc ($553k), Readmond Friendship Fire Fighters Assoc ($554k) and Feasterville Fire Company ($553k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 41% and program service revenue 6.9% of the total. Other salaries and wages came to $177k. At year end it held assets of $11.4m against liabilities of $595k, net assets of $10.8m. It reported 2 employees.