Havana Community Development Corporation Inc

Analysis

Havana Community Development Corporation Inc is a registered charity in United States, based in Havana, FL. It received its IRS tax-exemption ruling in March 2010, 16 years ago. Its declared purposes cover youth development, which this site groups under children and youth 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, Havana Community Development Corporation Inc reported income of $356k and spending of $135k, leaving 62% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $146k to $356k (+144%), an average of +144% a year. The sharpest change came in the year to December 2023, when income rose by 144%. Over the whole period it spent 47% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Havana Community Development Corporation Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 68th percentile within FL. Charities of a similar size with the same main cause include Smart Gen Society Inc ($356k), Phillies Bridge Farm Project Inc ($356k) and Horizons New Jersey ($356k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% and program service revenue 7.0% of the total. At year end it held assets of $1.1m against liabilities of $430k, net assets of $625k.