Community Development Society

Analysis

Community Development Society is a registered charity in United States, based in Columbia, MO. It received its IRS tax-exemption ruling in August 1995, 31 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Community Development Society reported income of $190k and spending of $195k, spending 103% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $124k to $190k (+54%), an average of +9.0% a year. The sharpest change came in the year to December 2021, when income rose by 114%. Over the whole period it spent 118% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Community Development Society sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 50th percentile within MO. Charities of a similar size with the same main cause include Clarke Square Neighborhood Initiative Inc ($190k), St Bernard Community Improvement Corporation ($190k) and Newark Betterment Corporation ($190k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 17% and program service revenue 77% of the total. Compensation of current officers, directors and key employees was $58k (30% of expenses). At year end it held assets of $328k against liabilities of $9,034, net assets of $319k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.