Webster Community Coalition for Economic Development Corp

Analysis

Webster Community Coalition for Economic Development Corp is a registered charity in United States, based in Webster, NY. It received its IRS tax-exemption ruling in August 2009, 17 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, Webster Community Coalition for Economic Development Corp reported income of $82k and spending of $79k, spending 97% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $75k to $82k (+9.1%), an average of +9.1% a year. Over the whole period it spent 99% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Webster Community Coalition for Economic Development Corp sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 32nd percentile within NY. Charities of a similar size with the same main cause include California Federation of Womens Clubs ($82k), Echo Resource Development Inc ($82k) and Elmo Betterment Corporation ($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 $67k against liabilities of $0, net assets of $67k.