Corry Community Development Corporation

Analysis

Corry Community Development Corporation is a registered charity in United States, based in Corry, PA. It received its IRS tax-exemption ruling in July 2000, 26 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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 March 2023, Corry Community Development Corporation reported income of $457k and spending of $409k, spending 90% of its income. Across the 4 years on record, from March 2020 to March 2023, income grew from $296k to $457k (+54%), an average of +16% a year. The sharpest change came in the year to March 2021, when income rose by 378%. Over the whole period it spent 73% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Corry Community Development Corporation sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 67th percentile within PA. Charities of a similar size with the same main cause include Rising Stars World Soccer Inc ($457k), Camp Shaw-Waw-Nas-See ($457k) and Paisano Baptist Assembly ($457k).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 99% of the total. Other salaries and wages came to $36k. At year end it held assets of $873k against liabilities of $12k, net assets of $861k. It reported 2 employees.