Northeast Graffiti Busters

Analysis

Northeast Graffiti Busters is a registered charity in United States, based in Sun Valley, CA. It received its IRS tax-exemption ruling in April 2002, 24 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, Northeast Graffiti Busters reported income of $3.5m and spending of $3.3m, spending 94% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.5m to $3.5m (+140%), an average of +24% a year. The sharpest change came in the year to June 2022, when income rose by 39%. Over the whole period it spent 98% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Northeast Graffiti Busters sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 90th percentile within CA. Charities of a similar size with the same main cause include Common Wealth Development Inc ($3.5m), The Right 2 Work Corporation ($3.5m) and Center for Strategic Economic Studies and Institutional DVLP Inc ($3.5m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $115k (3.5% of expenses). Other salaries and wages came to $1.8m. At year end it held assets of $983k against liabilities of $237k, net assets of $746k. It reported 53 employees.