Embarcadero Neighborhood Association

Analysis

Embarcadero Neighborhood Association is a registered charity in United States, based in Walnut Creek, CA. It received its IRS tax-exemption ruling in April 2022, 4 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 June 2023, Embarcadero Neighborhood Association reported income of $78k and spending of $65k, spending 84% of its income. Across the 2 years on record, from June 2022 to June 2023, income grew from $70k to $78k (+11%), an average of +11% a year. Over the whole period it spent 89% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Embarcadero Neighborhood Association sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 32nd percentile within CA. Charities of a similar size with the same main cause include Lincoln Economic Development Council Inc ($78k), Nlen Support Corporation ($78k) and National Charity League Inc ($77k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $17k against liabilities of $0, net assets of $17k.