Ibew Local Union 210 Community Assistance Fund

Analysis

Ibew Local Union 210 Community Assistance Fund is a registered charity in United States, based in Absecon, NJ. It received its IRS tax-exemption ruling in October 2009, 17 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, Ibew Local Union 210 Community Assistance Fund reported income of $56k and spending of $55k, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $75k to $56k (-25%), an average of -7.1% a year. The sharpest change came in the year to December 2022, when income dropped by 20%. Over the whole period it spent 96% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Ibew Local Union 210 Community Assistance Fund sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 29th percentile within NJ. Charities of a similar size with the same main cause include High Peaks Education Foundation ($56k), Tour of Lake Ellyn Foundation ($56k) and Cardinal Dougherty Soccer Alumni ($56k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 13% of the total. At year end it held assets of $39k against liabilities of $0, net assets of $39k.