Downtown Hazleton Alliance for Progress Inc

Analysis

Downtown Hazleton Alliance for Progress Inc is a registered charity in United States, based in Hazleton, PA. It received its IRS tax-exemption ruling in September 2014, 12 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, Downtown Hazleton Alliance for Progress Inc reported income of $290k and spending of $293k, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $468k to $290k (-38%), an average of -11% a year. The sharpest change came in the year to December 2021, when income dropped by 38%. Over the whole period it spent 60% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Downtown Hazleton Alliance for Progress Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 59th percentile within PA. Charities of a similar size with the same main cause include Peoplestown Revitalization Corporation ($290k), Pittsburgh Chapter of the German American Chamber of Commerce FDN ($290k) and Nebraska Grazing Land Coalition ($290k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 90% of the total. At year end it held assets of $2.0m against liabilities of $78k, net assets of $1.9m.