Coatesville 2nd Century Alliance

Analysis

Coatesville 2nd Century Alliance is a registered charity in United States, based in Coatesville, PA. It received its IRS tax-exemption ruling in August 2019, 7 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, Coatesville 2nd Century Alliance reported income of $301k and spending of $259k, spending 86% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $241k to $301k (+25%), an average of +5.6% a year. The sharpest change came in the year to December 2023, when income rose by 69%. Over the whole period it spent 85% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Coatesville 2nd Century Alliance sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 60th percentile within PA. Charities of a similar size with the same main cause include LA Crescent Area Event Center Inc ($300k), Ocean Accelerator Inc ($301k) and Community Builder Toolbox Inc ($300k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% and program service revenue 5.3% of the total. Other salaries and wages came to $73k. At year end it held assets of $167k against liabilities of $308, net assets of $167k.