Metro-Action Inc Chamber of Commerce BLDG

Analysis

Metro-Action Inc Chamber of Commerce BLDG is a registered charity in United States, based in Scranton, PA. It received its IRS tax-exemption ruling in September 2002, 24 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 2024, Metro-Action Inc Chamber of Commerce BLDG reported income of $155k and spending of $224k, spending 144% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income fell from $258k to $155k (-40%), an average of -12% a year. The sharpest change came in the year to June 2021, when income rose by 1231%. Over the whole period it spent 80% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Metro-Action Inc Chamber of Commerce BLDG sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 46th percentile within PA. Charities of a similar size with the same main cause include Friends Of@gisd ($155k), 100 Black Men of Macon-Middle Ga Inc ($155k) and Wider Horizons ($155k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 19% and program service revenue 46% of the total. At year end it held assets of $6.5m against liabilities of $4.8m, net assets of $1.7m.