Fort Lee District Management Corporation Inc

Analysis

Fort Lee District Management Corporation Inc is a registered charity in United States, based in Fort Lee, NJ. It received its IRS tax-exemption ruling in October 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 supporting organisation (type iii functionally integrated) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Fort Lee District Management Corporation Inc reported income of $740k and spending of $582k, leaving 21% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $560k to $740k (+32%), an average of +7.2% a year. The sharpest change came in the year to December 2020, when income rose by 39%. Over the whole period it spent 95% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Fort Lee District Management Corporation Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 79th percentile within NJ. Charities of a similar size with the same main cause include Metro-Work Center Inc ($740k), Hustle USA ($741k) and Portland Electrical Joint Apprenticeship & Training Fund ($740k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 99% of the total. At year end it held assets of $459k against liabilities of $0, net assets of $459k.