Metro Community Development Corpora

Analysis

Metro Community Development Corpora is a registered charity in United States, based in Buffalo, NY. It received its IRS tax-exemption ruling in December 2014, 12 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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, Metro Community Development Corpora reported income of $573k and spending of $635k, spending 111% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $191k to $573k (+200%), an average of +32% a year. The sharpest change came in the year to December 2022, when income rose by 78%. Over the whole period it spent 87% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Metro Community Development Corpora sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 68th percentile within NY. Charities of a similar size with the same main cause include Five Rivers Metroparks Foundation ($573k), Mid Maryland Officials Association Inc ($573k) and Croatia Juniors Inc ($573k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% and program service revenue 0.9% of the total. Compensation of current officers, directors and key employees was $31k (4.8% of expenses). Other salaries and wages came to $108k. At year end it held assets of $507k against liabilities of $158k, net assets of $349k.