Community Alliance & Reinvestment Endeavor Inc

Analysis

Community Alliance & Reinvestment Endeavor Inc is a registered charity in United States, based in Reading, PA. It received its IRS tax-exemption ruling in July 2015, 11 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Community Alliance & Reinvestment Endeavor Inc reported income of $149k and spending of $54k, leaving 64% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $25k to $149k (+488%), an average of +488% a year. The sharpest change came in the year to December 2023, when income rose by 488%. Over the whole period it spent 52% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Community Alliance & Reinvestment Endeavor Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 45th percentile within PA. Charities of a similar size with the same main cause include Club Libertad Justicia Y Ley ($149k), Saiva ($149k) and Ameen People Inc ($149k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $136k against liabilities of $28k, net assets of $109k.