Core Community Center

Analysis

Core Community Center is a registered charity in United States, based in Frankfort, IN. It received its IRS tax-exemption ruling in April 1992, 34 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Core Community Center reported income of $1.1m and spending of $1.4m, spending 125% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.1m to $1.1m (+0.8%), an average of +0.2% a year. The sharpest change came in the year to December 2020, when income rose by 23%. Over the whole period it spent 112% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Core Community Center sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 81st percentile within IN. Charities of a similar size with the same main cause include The Hope Chest of Pekin NFP ($1.1m), Human Services Council of New York ($1.1m) and Laurens Memorial Home for the Aged Inc ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 34% and program service revenue 69% of the total. Compensation of current officers, directors and key employees was $62k (4.6% of expenses). Other salaries and wages came to $642k. At year end it held assets of $2.2m against liabilities of $577k, net assets of $1.6m. It reported 98 employees.