University District Development Corporation

Analysis

University District Development Corporation is a registered charity in United States, based in Little Rock, AR. It received its IRS tax-exemption ruling in December 2008, 18 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, University District Development Corporation reported income of $210k and spending of $249k, spending 119% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $340k to $210k (-38%), an average of -11% a year. The sharpest change came in the year to December 2023, when income dropped by 27%. Over the whole period it spent 85% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, University District Development Corporation sits at the 39th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 56th percentile within AR. Charities of a similar size with the same main cause include Bacs Prevention Platform Inc ($210k), St Annes Retirement Community ($210k) and Greenline Foundation Inc ($210k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% and program service revenue 2.6% of the total. Other salaries and wages came to $2,936. At year end it held assets of $631k against liabilities of $421k, net assets of $210k. It reported 1 employees.