National Campus and Community Development Corporation Inc

Analysis

National Campus and Community Development Corporation Inc is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in January 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 June 2023, National Campus and Community Development Corporation Inc reported income of $78.1m and spending of $95.8m, spending 123% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $41.1m to $78.1m (+90%), an average of +17% a year. The sharpest change came in the year to June 2022, when income rose by 42%. Over the whole period it spent 138% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, National Campus and Community Development Corporation Inc sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within TX. Charities of a similar size with the same main cause include Horizon Development Properties Inc ($77.5m), Bridge Housing Corporation ($78.6m) and Corporation for Supportive Housing ($75.3m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 98% of the total. Compensation of current officers, directors and key employees was $429k (0.4% of expenses). Other salaries and wages came to $89k. At year end it held assets of $1.16bn against liabilities of $1.30bn, net assets of -$145.0m. It reported 3 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.