Community Reinvestment Foundation- Xiv Inc

Analysis

Community Reinvestment Foundation- Xiv Inc is a registered charity in United States, based in Plainfield, IN. It received its IRS tax-exemption ruling in September 1992, 34 years ago. 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, Community Reinvestment Foundation- Xiv Inc reported income of $201k and spending of $228k, spending 113% of what it took in. Across the 5 years on record, from March 2020 to March 2024, income grew from $163k to $201k (+23%), an average of +5.3% a year. Over the whole period it spent 126% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Community Reinvestment Foundation- Xiv Inc sits at the 53rd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 53rd percentile within IN. Charities of a similar size with the same main cause include Civic Momentum Beyonder for Good ($201k), Community Workshop Residentials Inc C an Il NFP Corp ($201k) and Friends of the Virginia & Truckee Railroad Museum ($201k).

On its Form 990 for the period ending March 2024, revenue came from program service revenue 100% of the total. Other salaries and wages came to $38k. At year end it held assets of $1.4m against liabilities of $28k, net assets of $1.4m.

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.