Greater Wilkes Barre Growth Partnership

Analysis

Greater Wilkes Barre Growth Partnership is a registered charity in United States, based in Wilkesbarre, PA. It received its IRS tax-exemption ruling in April 2013, 13 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, Greater Wilkes Barre Growth Partnership reported income of $316k and spending of $545k, spending 172% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $628k to $316k (-50%), an average of -16% a year. The sharpest change came in the year to December 2021, when income rose by 133%. Over the whole period it spent 91% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Greater Wilkes Barre Growth Partnership sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 61st percentile within PA. Charities of a similar size with the same main cause include San Diego Lions Welfare Foundation ($316k), Community Action Team-California Inc ($316k) and Laborers Community Service and Training Foundation ($316k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 59% of the total. Other salaries and wages came to $16k. At year end it held assets of $4.2m against liabilities of $0, net assets of $4.2m.