Our Community Salutes Inc

Analysis

Our Community Salutes Inc is a registered charity in United States, based in Voorhees, NJ. It received its IRS tax-exemption ruling in June 2020, 6 years ago. Its declared purposes cover youth development, which this site groups under children and youth 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, Our Community Salutes Inc reported income of $257k and spending of $957k, spending 372% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $300k to $257k (-14%), an average of -3.8% a year. The sharpest change came in the year to December 2022, when income rose by 551%. Over the whole period it spent 57% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Our Community Salutes Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 65th percentile within NJ. Charities of a similar size with the same main cause include Quincy House ($257k), Bakersfield Police Activities League ($257k) and Youth for Christ USA Inc ($256k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% of the total. Compensation of current officers, directors and key employees was $110k (11% of expenses). At year end it held assets of $1.9m against liabilities of $52k, net assets of $1.8m. It reported 1 employees.