Springfield Community Partnership Management Corporation

Analysis

Springfield Community Partnership Management Corporation is a registered charity in United States, based in Springfield, NJ. It received its IRS tax-exemption ruling in December 2012, 14 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, Springfield Community Partnership Management Corporation reported income of $309k and spending of $203k, leaving 34% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $278k to $309k (+11%), an average of +2.7% a year. Over the whole period it spent 132% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Springfield Community Partnership Management Corporation sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 68th percentile within NJ. Charities of a similar size with the same main cause include Paterson Alliance Inc ($309k), Neighbors Plus ($309k) and Uptown Partnership Inc ($309k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 96% of the total. At year end it held assets of $322k against liabilities of $420k, net assets of -$98k.