Citybuild Community Developmentcorporation

Analysis

Citybuild Community Developmentcorporation is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in August 2009, 17 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 December 2023, Citybuild Community Developmentcorporation reported income of $797k and spending of $704k, spending 88% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $212k to $797k (+277%), an average of +39% a year. The sharpest change came in the year to December 2020, when income rose by 595%. Over the whole period it spent 35% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Citybuild Community Developmentcorporation sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 81st percentile within TX. Charities of a similar size with the same main cause include Greensboro Downtown Parks Inc ($797k), Dress for Success Austin ($797k) and Island Mountain Community Development Financial Institution ($797k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 21% of the total. Other salaries and wages came to $117k. At year end it held assets of $5.9m against liabilities of $871k, net assets of $5.0m.