Community Project Elevation Inc

Analysis

Community Project Elevation Inc is a registered charity in United States, based in Tampa, FL. It received its IRS tax-exemption ruling in February 2018, 8 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 2022, Community Project Elevation Inc reported income of $532k and spending of $575k, spending 108% of what it took in. Across the 3 years on record, from December 2020 to December 2022, income grew from $303k to $532k (+76%), an average of +32% a year. The sharpest change came in the year to December 2022, when income rose by 36%. Over the whole period it spent 97% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Community Project Elevation Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 74th percentile within FL. Charities of a similar size with the same main cause include D Street Senior Housing Inc ($532k), Mountain Park Terrace Inc ($532k) and Neighborhood Hope Dealers Inc ($531k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $360k. At year end it held assets of $37k against liabilities of $0, net assets of $37k. It reported 23 employees.