The Ivy Community Center Inc

Analysis

The Ivy Community Center Inc is a registered charity in United States, based in Durham, NC. It received its IRS tax-exemption ruling in January 1996, 30 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, The Ivy Community Center Inc reported income of $120k and spending of $96k, leaving 20% of income unspent that year. Across the 6 years on record, from December 2018 to December 2023, income grew from $90k to $120k (+34%), an average of +6.0% a year. The sharpest change came in the year to December 2023, when income rose by 190%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, The Ivy Community Center Inc sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 40th percentile within NC. Charities of a similar size with the same main cause include Lincoln House Outreach Inc ($120k), Enhanceability ($120k) and Olive in July Inc ($120k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 50% and program service revenue 49% of the total. At year end it held assets of $1.2m against liabilities of $0, net assets of $1.2m.