Community Resource Center of Newton County Inc

Analysis

Community Resource Center of Newton County Inc is a registered charity in United States, based in Covington, GA. It received its IRS tax-exemption ruling in March 2002, 24 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general 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, Community Resource Center of Newton County Inc reported income of $82k and spending of $97k, spending 118% of what it took in. Across the 3 years on record, from December 2019 to December 2023, income fell from $87k to $82k (-5.6%), an average of -2.8% a year. The sharpest change came in the year to December 2023, when income dropped by 22%. Over the whole period it spent 108% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Community Resource Center of Newton County Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 33rd percentile within GA. Charities of a similar size with the same main cause include Columbus Club of Seguin ($82k), Higgins Branchini Shooting Foundation ($82k) and Oklahoma Childrens Foundation Inc ($82k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $73k against liabilities of $854, net assets of $72k.