Community Revitalization Alliance Inc

Analysis

Community Revitalization Alliance Inc is a registered charity in United States, based in Melbourne, FL. It received its IRS tax-exemption ruling in November 2015, 11 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Community Revitalization Alliance Inc reported income of $131k and spending of $144k, spending 110% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $147k to $131k (-11%), an average of -11% a year. Over the whole period it spent 102% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Community Revitalization Alliance Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 48th percentile within FL. Charities of a similar size with the same main cause include Hola Cultura ($131k), Open Sky Arts Collective ($131k) and Chinese Institute of Engineers New York Inc ($131k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 28% and program service revenue 0.5% of the total. At year end it held assets of $1,670 against liabilities of $6,181, net assets of -$4,511.