CSCharityScored
49

Ironbound Community Corporation

Other · Newark, New Jersey

315-317 Elm Street, Newark, NJ 07105-0000

EIN: 221916086· Founded: Nov 1982· 44 years active· Filing Year: 2023

Annual Revenue

$10.8M

Total Expenses

$9.9M

Total Assets

$20.7M

Program Spending

2%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$189K

1.9% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

$5.6M

Total Payroll

$5.8M

58% of total expenses

Where the Money Goes

2%
Programs: 2%
Payroll: 58%
Other overhead: 98%
Program Revenue$221K (2%)
Total Expenses$9.9M (92%)
Payroll$5.8M (58%)
Overhead (non-program)98%

Trust Score Breakdown

Program Spending Ratio

2% of expenses go to programs

40%

Revenue & Stability

$10.8M annual revenue

15%

Executive Compensation

$189K total officer comp (1.9% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$20.7M in assets

10%

Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.