Elizabeth Avenue Partnership Inc

Analysis

Elizabeth Avenue Partnership Inc is a registered charity in United States, based in Elizabeth, NJ. It received its IRS tax-exemption ruling in November 2001, 25 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, Elizabeth Avenue Partnership Inc reported income of $281k and spending of $305k, spending 108% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $276k to $281k (+1.9%), an average of +0.5% a year. Over the whole period it spent 100% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Elizabeth Avenue Partnership Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 67th percentile within NJ. Charities of a similar size with the same main cause include Prairie Development Corporation ($281k), Assistance League of Victor Valley ($281k) and Center for Youth Development Through Law ($281k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $90k (30% of expenses). Other salaries and wages came to $6,703. At year end it held assets of $342k against liabilities of $2,600, net assets of $340k. It reported 2 employees.