East Ward Community Center Corporation

Analysis

East Ward Community Center Corporation is a registered charity in United States, based in Newark, NJ. It received its IRS tax-exemption ruling in March 2023, 3 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, East Ward Community Center Corporation reported income of $84k and spending of $71k, spending 85% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $52k to $84k (+60%), an average of +60% a year. The sharpest change came in the year to December 2023, when income rose by 60%. Over the whole period it spent 80% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, East Ward Community Center Corporation sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 40th percentile within NJ. Charities of a similar size with the same main cause include We Help Inc ($84k), Hummelstown Ministerium ($84k) and No Hunger Holiday ($84k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $13k against liabilities of $0, net assets of $13k.