Area 1 Limited Energy Jatc Ma1099
Analysis
Area 1 Limited Energy Jatc Ma1099 is a registered charity in United States, based in Tigard, OR. It received its IRS tax-exemption ruling in September 2002, 24 years ago. Its declared purposes cover employment, 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, Area 1 Limited Energy Jatc Ma1099 reported income of $256k and spending of $288k, spending 112% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $250k to $256k (+2.5%), an average of +0.6% a year. Over the whole period it spent 100% of the income it received.
Among 19,475 United States charities whose main cause is community and economic development and that reported income, Area 1 Limited Energy Jatc Ma1099 sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 58th percentile within OR. Charities of a similar size with the same main cause include Lifeline Community Development Corporation of Merced County ($256k), Pedro Bay Benefits Corporation Inc ($256k) and Center for Creative Economy ($256k).
On its Form 990 for the period ending December 2023, revenue came from program service revenue 98% of the total. At year end it held assets of $173k against liabilities of $62k, net assets of $111k.
Income and spending
Where the income comes from
- Program services 98%
- Other 1.9%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Lifeline Community Development Corporation of Merced County | Merced | $256k |
| Pedro Bay Benefits Corporation Inc | Anchorage | $256k |
| Center for Creative Economy | Winston Salem | $256k |
| Sakan Community Resource Inc | Minneapolis | $256k |