Cra Community Developement Group Incorporated

Analysis

Cra Community Developement Group Incorporated is a registered charity in United States, based in Tallahassee, FL. It received its IRS tax-exemption ruling in October 2004, 22 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Cra Community Developement Group Incorporated reported income of $214k and spending of $258k, spending 121% of what it took in. Across the 4 years on record, from December 2019 to December 2023, income grew from $164k to $214k (+31%), an average of +9.4% a year. The sharpest change came in the year to December 2023, when income rose by 15%. Over the whole period it spent 118% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Cra Community Developement Group Incorporated sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 59th percentile within FL. Charities of a similar size with the same main cause include Bledsoe Lane Supportive Housing Inc ($214k), Renewal House Inc ($214k) and Brown County Mental Health Center Hud 202 Board ($214k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $79k (31% of expenses). Other salaries and wages came to $1,200. At year end it held assets of $1.3m against liabilities of $1.7m, net assets of -$378k. It reported 4 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.