Immaculate Conception Developmentfoundation

Analysis

Immaculate Conception Developmentfoundation is a registered charity in United States, based in Hampton, VA. It received its IRS tax-exemption ruling in April 2007, 19 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Immaculate Conception Developmentfoundation reported income of $161k and spending of $197, leaving 100% of income unspent that year. Across the 3 years on record, from June 2021 to June 2023, income grew from $38k to $161k (+328%), an average of +107% a year. The sharpest change came in the year to June 2023, when income rose by 211%. Over the whole period it spent 0.3% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Immaculate Conception Developmentfoundation sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 48th percentile within VA. Charities of a similar size with the same main cause include Alpha Family Services of Greenville Inc ($161k), Coppell Community Garden Corporation ($161k) and Minnesota Association for Pupil Transportation ($161k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 93% of the total. At year end it held assets of $0 against liabilities of $0, net assets of $0.