Gerhardt Neighborhood Outreach Center Inc

Analysis

Gerhardt Neighborhood Outreach Center Inc is a registered charity in United States, based in Rochester, NY. It received its IRS tax-exemption ruling in May 2007, 19 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 December 2023, Gerhardt Neighborhood Outreach Center Inc reported income of $98k and spending of $85k, spending 87% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $94k to $98k (+3.8%), an average of +1.9% a year. The sharpest change came in the year to December 2023, when income rose by 25%. Over the whole period it spent 77% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Gerhardt Neighborhood Outreach Center Inc sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 36th percentile within NY. Charities of a similar size with the same main cause include Hands for Life ($98k), Chamber of Manitowoc County Foundation Inc ($98k) and Wyoming Hospitality and Travel Coal Ition Education Foundation ($98k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 74% of the total. At year end it held assets of $116k against liabilities of $332, net assets of $116k.