Four Corners Community Development Corporation

Analysis

Four Corners Community Development Corporation is a registered charity in United States, based in Boston, MA. It received its IRS tax-exemption ruling in October 1987, 39 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2021, Four Corners Community Development Corporation reported income of $195k and spending of $50k, leaving 74% of income unspent that year. Across the 3 years on record, from December 2019 to December 2021, income fell from $209k to $195k (-6.8%), an average of -3.5% a year. The sharpest change came in the year to December 2021, when income dropped by 26%. Over the whole period it spent 25% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Four Corners Community Development Corporation sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 57th percentile within MA. Charities of a similar size with the same main cause include Cherrywood Village ($195k), Indian Town Home Association ($195k) and S&d PJ Housing ($194k).

On its Form 990 for the period ending December 2021, revenue came from program service revenue 100% of the total. At year end it held assets of $972k against liabilities of $18k, net assets of $954k.