Warren County Development Association

Analysis

Warren County Development Association is a registered charity in United States, based in Warren, PA. It received its IRS tax-exemption ruling in December 1985, 41 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Warren County Development Association reported income of $1.7m and spending of $1.0m, leaving 40% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.2m to $1.7m (+46%), an average of +9.8% a year. The sharpest change came in the year to December 2022, when income rose by 94%. Over the whole period it spent 66% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Warren County Development Association sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 83rd percentile within PA. Charities of a similar size with the same main cause include One Community NYC Inc ($1.7m), Venture Capital Foundation ($1.7m) and Rochester Economic Development Corporation ($1.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 44% and program service revenue 26% of the total. At year end it held assets of $4.9m against liabilities of $946k, net assets of $3.9m.