Tysons Community Development Inc

Analysis

Tysons Community Development Inc is a registered charity in United States, based in West Palm BCH, FL. It received its IRS tax-exemption ruling in February 2015, 11 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 2023, Tysons Community Development Inc reported income of $491k and spending of $482k, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $251k to $491k (+95%), an average of +18% a year. The sharpest change came in the year to December 2021, when income rose by 36%. Over the whole period it spent 93% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Tysons Community Development Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 73rd percentile within FL. Charities of a similar size with the same main cause include Winwood Apartments Inc ($491k), Rose Hill Manor Corporation ($491k) and Lacasa Village Inc ($491k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $57k (12% of expenses). At year end it held assets of $0 against liabilities of $0, net assets of $0. It reported 7 employees.