Logan Community Developmentfoundation Inc

Analysis

Logan Community Developmentfoundation Inc is a registered charity in United States, based in Logan, KS. It received its IRS tax-exemption ruling in July 2007, 19 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 September 2023, Logan Community Developmentfoundation Inc reported income of $302k and spending of $145k, leaving 52% of income unspent that year. Across the 4 years on record, from September 2020 to September 2023, income fell from $570k to $302k (-47%), an average of -19% a year. The sharpest change came in the year to September 2022, when income rose by 112%. Over the whole period it spent 47% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Logan Community Developmentfoundation Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 62nd percentile within KS. Charities of a similar size with the same main cause include Beyond Housing Capital Fund Inc ($301k), United States Postgresql Association ($302k) and Georgia Job Tips ($301k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 97% of the total. At year end it held assets of $1.2m against liabilities of $0, net assets of $1.2m.