Tamaqua Area Community Partnership

Analysis

Tamaqua Area Community Partnership is a registered charity in United States, based in Tamaqua, PA. It received its IRS tax-exemption ruling in May 1996, 30 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, Tamaqua Area Community Partnership reported income of $1.4m and spending of $1.0m, leaving 26% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $115k to $1.4m (+1109%), an average of +86% a year. The sharpest change came in the year to December 2021, when income rose by 557%. Over the whole period it spent 63% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Tamaqua Area Community Partnership sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 81st percentile within PA. Charities of a similar size with the same main cause include Evansville Urban Enterprise Association Inc ($1.4m), San Antonio Positive Solutions Inc ($1.4m) and The Council of Urban Professionals Institute ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 50% and program service revenue 49% of the total. Other salaries and wages came to $149k. At year end it held assets of $3.2m against liabilities of $141k, net assets of $3.0m. It reported 22 employees.