Macedonia Community Developmentcorporation of South Brevard

Analysis

Macedonia Community Developmentcorporation of South Brevard is a registered charity in United States, based in Melbourne, FL. It received its IRS tax-exemption ruling in August 2009, 17 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 December 2023, Macedonia Community Developmentcorporation of South Brevard reported income of $805k and spending of $498k, leaving 38% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $480k to $805k (+68%), an average of +14% a year. The sharpest change came in the year to December 2022, when income rose by 302%. Over the whole period it spent 50% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Macedonia Community Developmentcorporation of South Brevard sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 79th percentile within FL. Charities of a similar size with the same main cause include Charles River Episcopal Co-Housing Endeavor Inc ($805k), Natchitoches Thomas Apartments Inc ($806k) and Sacramento Cottage Housing Inc ($805k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 76% and program service revenue 24% of the total. Other salaries and wages came to $49k. At year end it held assets of $2.9m against liabilities of $1.6m, net assets of $1.3m. It reported 3 employees.