Colonial Neighborhood Council

Analysis

Colonial Neighborhood Council is a registered charity in United States, based in Conshohocken, PA. It received its IRS tax-exemption ruling in December 1974, 52 years ago. 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 2024, Colonial Neighborhood Council reported income of $225k and spending of $269k, spending 120% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income fell from $333k to $225k (-33%), an average of -9.4% a year. The sharpest change came in the year to June 2023, when income dropped by 22%. Over the whole period it spent 91% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Colonial Neighborhood Council 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 56th percentile, and in the 54th percentile within PA. Charities of a similar size with the same main cause include Texas Music Educators Association Symposium Fund ($225k), League of Women for Community Servi CE ($225k) and Menhealing ($225k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 50% and program service revenue 47% of the total. Other salaries and wages came to $32k. At year end it held assets of $663k against liabilities of $7,764, net assets of $656k. It reported 3 employees.