Cumberland Community Development Center Incorporated

Analysis

Cumberland Community Development Center Incorporated is a registered charity in United States, based in Fayetteville, NC. It received its IRS tax-exemption ruling in July 2014, 12 years ago. Its declared purposes cover youth development, which this site groups under children and youth 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 July 2023, Cumberland Community Development Center Incorporated reported income of $1.0m and spending of $997k, spending 96% of its income. Across the 5 years on record, from July 2019 to July 2023, income fell from $1.7m to $1.0m (-39%), an average of -12% a year. The sharpest change came in the year to July 2023, when income dropped by 58%. Over the whole period it spent 92% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Cumberland Community Development Center Incorporated sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 80th percentile within NC. Charities of a similar size with the same main cause include Team Maryland Ice Hockeyorganization Inc ($1.0m), Boys and Girls Club of the Texas Hill Country ($1.0m) and The Jesse Helms Center Foundation ($1.0m).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 84% and program service revenue 16% of the total. At year end it held assets of $747k against liabilities of $0, net assets of $747k.