Core Community Center

Analysis

Core Community Center is a registered charity in United States, based in Marysville, WA. It received its IRS tax-exemption ruling in January 2020, 6 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Core Community Center reported income of $141k and spending of $171k, spending 121% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $138k to $141k (+2.3%), an average of +2.3% a year. Over the whole period it spent 113% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Core Community Center sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 42nd percentile within WA. Charities of a similar size with the same main cause include Stonewall Sports Charlotte Inc ($141k), Vision Haywood County ($141k) and Smart 33 Wheeling District Joint Apprenticeship Training Committee ($141k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 7.5% and program service revenue 92% of the total. At year end it held assets of $1.9m against liabilities of $2.0m, net assets of -$67k.