Associated Neighborhood Centers

Analysis

Associated Neighborhood Centers is a registered charity in United States, based in Youngstown, OH. It received its IRS tax-exemption ruling in June 2023, 3 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, Associated Neighborhood Centers reported income of $77k and spending of $69k, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $225k to $77k (-66%), an average of -24% a year. The sharpest change came in the year to December 2022, when income dropped by 54%. Over the whole period it spent 120% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Associated Neighborhood Centers sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 31st percentile within OH. Charities of a similar size with the same main cause include Christians in the Marketplace ($77k), Garage Script ($77k) and Downtown Camp Hill Association ($77k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 42% and program service revenue 12% of the total. At year end it held assets of $478k against liabilities of $29k, net assets of $449k.