Lower Cape Cod Community Development Corporation

Analysis

Lower Cape Cod Community Development Corporation is a registered charity in United States, based in Orleans, MA. It received its IRS tax-exemption ruling in August 1994, 32 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Lower Cape Cod Community Development Corporation reported income of $3.8m and spending of $3.4m, spending 89% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.6m to $3.8m (+6.1%), an average of +1.5% a year. The sharpest change came in the year to June 2022, when income rose by 41%. Over the whole period it spent 93% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Lower Cape Cod Community Development Corporation sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 89th percentile within MA. Charities of a similar size with the same main cause include Housing and Neighborhood Development Service ($3.8m), Alaska Works Partnership Inc ($3.8m) and Rutland Place Inc ($3.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 67% and program service revenue 28% of the total. Other salaries and wages came to $1.4m. At year end it held assets of $11.2m against liabilities of $7.9m, net assets of $3.3m. It reported 20 employees.