Queen Village Neighbors Assn

Analysis

Queen Village Neighbors Assn is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in July 1978, 48 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, Queen Village Neighbors Assn reported income of $195k and spending of $224k, spending 115% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $247k to $195k (-21%), an average of -5.7% a year. The sharpest change came in the year to December 2021, when income rose by 41%. Over the whole period it spent 95% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Queen Village Neighbors Assn sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 51st percentile within PA. Charities of a similar size with the same main cause include Bay Area Chamber of Commerce Foundation ($195k), Society of Saint Vincent Depaul Taunton District Inc ($195k) and Lake Mills Main Street Program Inc ($195k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 15% and program service revenue 9.6% of the total. Compensation of current officers, directors and key employees was $38k (17% of expenses). Other salaries and wages came to $23k. At year end it held assets of $201k against liabilities of $0, net assets of $201k. It reported 3 employees.