College Park City-University Partnership Inc

Analysis

College Park City-University Partnership Inc is a registered charity in United States, based in College Park, MD. It received its IRS tax-exemption ruling in May 1998, 28 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 June 2023, College Park City-University Partnership Inc reported income of $1.4m and spending of $571k, leaving 60% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $570k to $1.4m (+152%), an average of +26% a year. The sharpest change came in the year to June 2023, when income rose by 181%. 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, College Park City-University Partnership Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 82nd percentile within MD. Charities of a similar size with the same main cause include Centro Por LA Justicia ($1.4m), Carolinas-Virginia Minority Supplier Developoment Councils Inc ($1.4m) and Jane Addams Resource Corporation - Baltimore ($1.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $112k (20% of expenses). Other salaries and wages came to $100k. At year end it held assets of $5.6m against liabilities of $3.0m, net assets of $2.6m. It reported 5 employees.