Civic Concourse Village Corporation

Analysis

Civic Concourse Village Corporation is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in May 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 (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, Civic Concourse Village Corporation reported income of $1.4m and spending of $1.2m, spending 84% of its income. The sharpest change came in the year to December 2021, when income rose by 320%. Over the whole period it spent 93% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Civic Concourse Village Corporation sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 79th percentile within NY. Charities of a similar size with the same main cause include Oakland & the World Enterprises Inc ($1.4m), Lancaster City Alliance ($1.4m) and Jmh-Anaheim Foundation Inc ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 78% of the total. At year end it held assets of $23k against liabilities of $0, net assets of $23k.