Cazenovia Area Community Development Association Inc

Analysis

Cazenovia Area Community Development Association Inc is a registered charity in United States, based in Cazenovia, NY. It received its IRS tax-exemption ruling in January 2005, 21 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic 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 December 2023, Cazenovia Area Community Development Association Inc reported income of $85k and spending of $83k, spending 97% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $80k to $85k (+6.5%), an average of +6.5% a year. Over the whole period it spent 104% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Cazenovia Area Community Development Association Inc sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 33rd percentile within NY. Charities of a similar size with the same main cause include Planning Association of Washington ($85k), Ciudad Mistica Inc ($85k) and The Junior League of Cobb-Marietta Inc ($85k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 93% and program service revenue 6.9% of the total. At year end it held assets of $57k against liabilities of $0, net assets of $57k.