Bayfront Eastside Task Force

Analysis

Bayfront Eastside Task Force is a registered charity in United States, based in Erie, PA. It received its IRS tax-exemption ruling in October 2001, 25 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, Bayfront Eastside Task Force reported income of $647k and spending of $537k, spending 83% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $546k to $647k (+18%), an average of +4.3% a year. The sharpest change came in the year to December 2020, when income rose by 53%. Over the whole period it spent 92% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Bayfront Eastside Task Force sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 72nd percentile within PA. Charities of a similar size with the same main cause include Equity Works Inc ($646k), National Association of State Personnel Executives Inc ($647k) and Plainfield Eid Corp ($646k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 67% and program service revenue 33% of the total. Other salaries and wages came to $149k. At year end it held assets of $2.3m against liabilities of $434k, net assets of $1.9m. It reported 3 employees.