McKees Rocks Community Development Corp

Analysis

McKees Rocks Community Development Corp is a registered charity in United States, based in McKees Rocks, PA. It received its IRS tax-exemption ruling in September 2005, 21 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 September 2023, McKees Rocks Community Development Corp reported income of $850k and spending of $757k, spending 89% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $618k to $850k (+38%), an average of +8.3% a year. The sharpest change came in the year to September 2022, when income rose by 94%. Over the whole period it spent 70% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, McKees Rocks Community Development Corp sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 76th percentile within PA. Charities of a similar size with the same main cause include Palm Village Senior Housing Corp ($849k), Operation Hope North County Inc ($850k) and Two Rivers Community Land Trust ($849k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 84% of the total. Compensation of current officers, directors and key employees was $97k (13% of expenses). Other salaries and wages came to $204k. At year end it held assets of $3.2m against liabilities of $423k, net assets of $2.8m. It reported 6 employees.