Warren Redevelopment & Planning Corp

Analysis

Warren Redevelopment & Planning Corp is a registered charity in United States, based in Warren, OH. It received its IRS tax-exemption ruling in March 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 (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, Warren Redevelopment & Planning Corp reported income of $113k and spending of $196k, spending 173% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $90k to $113k (+26%), an average of +5.9% a year. The sharpest change came in the year to December 2020, when income rose by 110%. Over the whole period it spent 119% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Warren Redevelopment & Planning Corp sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 41st percentile within OH. Charities of a similar size with the same main cause include Injured Workers Advocacy Program ($113k), Parallel Partners Group Inc ($113k) and Saira Hospitality Inc ($113k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $59k (30% of expenses). Other salaries and wages came to $85k. At year end it held assets of $878k against liabilities of $998k, net assets of -$121k. It reported 4 employees.