Hbcu Community Development Action Coalition

Analysis

Hbcu Community Development Action Coalition is a registered charity in United States, based in Miami, FL. It received its IRS tax-exemption ruling in November 2010, 16 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Hbcu Community Development Action Coalition reported income of $2.2m and spending of $2.6m, spending 119% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income fell from $3.9m to $2.2m (-44%), an average of -18% a year. The sharpest change came in the year to December 2023, when income rose by 159%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Hbcu Community Development Action Coalition sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 88th percentile within FL. Charities of a similar size with the same main cause include Martin Pitt Partnership for Children Inc ($2.2m), Breakthrough Atlanta Inc ($2.2m) and Across the Aisle Inc ($2.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $405k. At year end it held assets of $76k against liabilities of $0, net assets of $76k. It reported 3 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.