Christian Love Commmunitydevelopment Corporation Inc

Analysis

Christian Love Commmunitydevelopment Corporation Inc is a registered charity in United States, based in Troy, AL. It received its IRS tax-exemption ruling in September 2014, 12 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Christian Love Commmunitydevelopment Corporation Inc reported income of $703k and spending of $699k, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $260k to $703k (+171%), an average of +28% a year. The sharpest change came in the year to December 2021, when income rose by 69%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Christian Love Commmunitydevelopment Corporation Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 78th percentile within AL. Charities of a similar size with the same main cause include Passel Provides Foundation ($703k), Light House Mission Inc ($703k) and The Village Diaper Bank Inc ($703k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% and program service revenue 2.9% of the total. Compensation of current officers, directors and key employees was $164k (23% of expenses). Other salaries and wages came to $269k. At year end it held assets of $396k against liabilities of $295k, net assets of $102k. It reported 21 employees.