Plaza Midwood Neighborhood Association Inc

Analysis

Plaza Midwood Neighborhood Association Inc is a registered charity in United States, based in Charlotte, NC. It received its IRS tax-exemption ruling in October 1979, 47 years ago. 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, Plaza Midwood Neighborhood Association Inc reported income of $180k and spending of $167k, spending 93% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $138k to $180k (+30%), an average of +30% a year. The sharpest change came in the year to December 2023, when income rose by 30%. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Plaza Midwood Neighborhood Association Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 49th percentile within NC. Charities of a similar size with the same main cause include Brooklyn Town Library Association ($180k), PTA California Congress of Parents Teachers & Students Inc ($180k) and National Black Nurses Association Inc ($180k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 11% and program service revenue 89% of the total. At year end it held assets of $88k against liabilities of $0, net assets of $88k.