Citizens for Local Power Inc

Analysis

Citizens for Local Power Inc is a registered charity in United States, based in Kingston, NY. It received its IRS tax-exemption ruling in April 2019, 7 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Citizens for Local Power Inc reported income of $426k and spending of $450k, spending 106% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $329k to $426k (+29%), an average of +29% a year. The sharpest change came in the year to December 2023, when income rose by 29%. Over the whole period it spent 91% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Citizens for Local Power Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 64th percentile within NY. Charities of a similar size with the same main cause include Habitat for Humanity International Inc ($426k), Greenwich Community Projects Fund Inc ($426k) and Holmdel Youth Activities Association ($426k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $73k (16% of expenses). Other salaries and wages came to $197k. At year end it held assets of $185k against liabilities of $0, net assets of $185k.