Frederick Douglas Community Development Corp

Analysis

Frederick Douglas Community Development Corp is a registered charity in United States, based in Rochester, NY. It received its IRS tax-exemption ruling in June 1995, 31 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 March 2024, Frederick Douglas Community Development Corp reported income of $68k and spending of $72k, spending 105% of its income. Across the 3 years on record, from March 2022 to March 2024, income fell from $74k to $68k (-7.3%), an average of -3.7% a year. Over the whole period it spent 97% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Frederick Douglas Community Development Corp sits at the 15th percentile: it is larger than about 15% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 28th percentile within NY. Charities of a similar size with the same main cause include Cuyahoga Housing and Development Inc ($68k), Whippany Jewish Association Forspecial Needs Inc ($68k) and Project Aware Inc ($68k).

On its Form 990-EZ for the period ending March 2024, revenue came from program service revenue 100% of the total. At year end it held assets of $42k against liabilities of $1,104, net assets of $41k.