Community Family Development Inc

Analysis

Community Family Development Inc is a registered charity in United States, based in Poughkeepsie, NY. It received its IRS tax-exemption ruling in December 2022, 4 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Community Family Development Inc reported income of $1.2m and spending of $1.2m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $919k to $1.2m (+32%), an average of +7.3% a year. The sharpest change came in the year to December 2023, when income rose by 23%. Over the whole period it spent 95% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Community Family Development Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 78th percentile within NY. Charities of a similar size with the same main cause include Small Friends on Nantucket Inc ($1.2m), Community AIDS Network ($1.2m) and Baltimore Hunger Project LLC ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 14% and program service revenue 86% of the total. Compensation of current officers, directors and key employees was $72k (6.0% of expenses). Other salaries and wages came to $665k. At year end it held assets of $519k against liabilities of $57k, net assets of $462k. It reported 30 employees.