Center for Community Lending

Analysis

Center for Community Lending is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in January 1998, 28 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Center for Community Lending reported income of $182k and spending of $128k, leaving 30% of income unspent that year. Across the 3 years on record, from December 2020 to December 2023, income fell from $217k to $182k (-16%), an average of -8.4% a year. The sharpest change came in the year to December 2022, when income dropped by 34%. Over the whole period it spent 70% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Center for Community Lending sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 28th percentile within DC. Charities of a similar size with the same main cause include Upstate Pride SC ($182k), Motherwoman Inc ($182k) and Illinois Hispanic Chamber of Commerce Foundation ($182k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 84% and program service revenue 16% of the total. At year end it held assets of $228k against liabilities of $21k, net assets of $207k.