Aberdeen Revitalization Movement

Analysis

Aberdeen Revitalization Movement is a registered charity in United States, based in Aberdeen, WA. It received its IRS tax-exemption ruling in February 1994, 32 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 June 2023, Aberdeen Revitalization Movement reported income of $168k and spending of $175k, spending 104% of its income. Across the 2 years on record, from June 2022 to June 2023, income fell from $182k to $168k (-7.2%), an average of -7.2% a year. Over the whole period it spent 96% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Aberdeen Revitalization Movement sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 46th percentile within WA. Charities of a similar size with the same main cause include LA Jolla Kiwanis Foundation ($168k), Precipitation Northwest ($169k) and Worc 4 Hope Inc ($168k).

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 $131k against liabilities of $1,279, net assets of $130k.