Anewamerica Community Corporation

Analysis

Anewamerica Community Corporation is a registered charity in United States, based in Oakland, CA. It received its IRS tax-exemption ruling in March 2000, 26 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Anewamerica Community Corporation reported income of $470k and spending of $562k, spending 120% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $959k to $470k (-51%), an average of -16% a year. The sharpest change came in the year to December 2022, when income dropped by 62%. Over the whole period it spent 104% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Anewamerica Community Corporation sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 71st percentile within CA. Charities of a similar size with the same main cause include Vanderburgh County Fair Association Inc ($470k), Grow Further Club ($470k) and Salvation Army Reno Residences Inc ($470k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $120k (21% of expenses). Other salaries and wages came to $217k. At year end it held assets of $270k against liabilities of $19k, net assets of $251k. It reported 5 employees.