Durham C a N-Congregations Associations and Neighborhoods

Analysis

Durham C a N-Congregations Associations and Neighborhoods is a registered charity in United States, based in Durham, NC. It received its IRS tax-exemption ruling in September 1999, 27 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 2022, Durham C a N-Congregations Associations and Neighborhoods reported income of $132k and spending of $146k, spending 111% of what it took in. Across the 3 years on record, from December 2019 to December 2022, income fell from $173k to $132k (-24%), an average of -13% a year. The sharpest change came in the year to December 2022, when income dropped by 26%. Over the whole period it spent 112% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Durham C a N-Congregations Associations and Neighborhoods 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 44th percentile, and in the 42nd percentile within NC. Charities of a similar size with the same main cause include Jewish Studies Center Inc ($132k), Holmes County Economic Development Council Inc ($132k) and Auburn Rotary Community Fund ($132k).

On its Form 990-EZ for the period ending December 2022, revenue came from contributions and grants 68% of the total. At year end it held assets of $356k against liabilities of $2,218, net assets of $353k.