Niagara Community Center Inc

Analysis

Niagara Community Center Inc is a registered charity in United States, based in Lewiston, NY. It received its IRS tax-exemption ruling in July 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, Niagara Community Center Inc reported income of $384k and spending of $353k, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $106k to $384k (+261%), an average of +38% a year. The sharpest change came in the year to December 2023, when income rose by 222%. Over the whole period it spent 162% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Niagara Community Center Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 62nd percentile within NY. Charities of a similar size with the same main cause include Shared Enterprise Management Inc ($384k), Ravalli County Economic Development Authority ($384k) and Lindenpointe Development Corporation ($384k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 87% and program service revenue 13% of the total. Other salaries and wages came to $65k. At year end it held assets of $2.8m against liabilities of $125k, net assets of $2.7m. It reported 1 employees.