Northend Properties Inc

Analysis

Northend Properties Inc is a registered charity in United States, based in Lafayette, IN. It received its IRS tax-exemption ruling in August 2017, 9 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 supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Northend Properties Inc reported income of $735k and spending of $597k, spending 81% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $741k to $735k (-0.9%), an average of -0.2% a year. Over the whole period it spent 84% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Northend Properties Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 76th percentile within IN. Charities of a similar size with the same main cause include Fifth Avenue South Business Improvement District Inc ($734k), Community Service Council of Northern Will County ($735k) and Nccco Foundation Inc ($734k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 78% of the total. At year end it held assets of $15.0m against liabilities of $13.9m, net assets of $1.1m.