West Augustine Historical Community Development Corporation

Analysis

West Augustine Historical Community Development Corporation is a registered charity in United States, based in St Augustine, FL. It received its IRS tax-exemption ruling in May 2011, 15 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, West Augustine Historical Community Development Corporation reported income of $691k and spending of $218k, leaving 68% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $100k to $691k (+594%), an average of +164% a year. The sharpest change came in the year to December 2023, when income rose by 738%. Over the whole period it spent 36% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, West Augustine Historical Community Development Corporation sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 77th percentile within FL. Charities of a similar size with the same main cause include North Newstead Association ($691k), New Covenant Community Development ($691k) and Arizona Regional Economic Development Foundation ($690k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 33% of the total. Other salaries and wages came to $50k. At year end it held assets of $681k against liabilities of $0, net assets of $681k. It reported 6 employees.