Musana Community Development Organization

Analysis

Musana Community Development Organization is a registered charity in United States, based in Centennial, CO. It received its IRS tax-exemption ruling in November 2009, 17 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, Musana Community Development Organization reported income of $4.0m and spending of $3.4m, spending 85% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.8m to $4.0m (+124%), an average of +22% a year. The sharpest change came in the year to December 2023, when income rose by 76%. Over the whole period it spent 103% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Musana Community Development Organization sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 91st percentile within CO. Charities of a similar size with the same main cause include I Foster Inc ($4.0m), Bethany Assisted Living Inc ($4.0m) and Solutions for Change Inc ($4.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 110% of the total. Compensation of current officers, directors and key employees was $136k (4.0% of expenses). Other salaries and wages came to $399k. At year end it held assets of $1.2m against liabilities of $177k, net assets of $1.0m. It reported 9 employees.