Northern Cambria Community Development Corporation

Analysis

Northern Cambria Community Development Corporation is a registered charity in United States, based in N Cambria, PA. It received its IRS tax-exemption ruling in June 1988, 38 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, Northern Cambria Community Development Corporation reported income of $1.2m and spending of $1.1m, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $823k to $1.2m (+45%), an average of +9.7% a year. The sharpest change came in the year to December 2023, when income rose by 45%. Over the whole period it spent 103% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Northern Cambria Community Development Corporation sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 79th percentile within PA. Charities of a similar size with the same main cause include Colorado Laborers & Contractors Education & Training Fund ($1.2m), South Sudanese Foundation ($1.2m) and Priorities Inc ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 38% and program service revenue 13% of the total. Compensation of current officers, directors and key employees was $93k (8.7% of expenses). At year end it held assets of $4.9m against liabilities of $1.2m, net assets of $3.7m. It reported 8 employees.