Ujima Community Developmentcorporation

Analysis

Ujima Community Developmentcorporation is a registered charity in United States, based in Winston Salem, NC. It received its IRS tax-exemption ruling in June 2007, 19 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, Ujima Community Developmentcorporation reported income of $705k and spending of $710k, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $468k to $705k (+51%), an average of +11% a year. The sharpest change came in the year to December 2023, when income rose by 38%. Over the whole period it spent 103% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Ujima Community Developmentcorporation sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 75th percentile within NC. Charities of a similar size with the same main cause include Faith and Fostering ($705k), Charitable Consortium Inc ($706k) and RHF Holdings Group Inc ($705k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 5.0% of the total. At year end it held assets of $6.8m against liabilities of $6.6m, net assets of $138k.

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.