National Community Renaissance Development Corporation

Analysis

National Community Renaissance Development Corporation is a registered charity in United States, based in RCH Cucamonga, CA. It received its IRS tax-exemption ruling in June 1998, 28 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, National Community Renaissance Development Corporation reported income of $7.7m and spending of $12.9m, spending 168% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $5.8m to $7.7m (+33%), an average of +7.3% a year. The sharpest change came in the year to December 2022, when income rose by 17%. Over the whole period it spent 136% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, National Community Renaissance Development Corporation sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within CA. Charities of a similar size with the same main cause include Village at St Barnabas Inc ($7.7m), Specialized Housing Incorporated ($7.7m) and Futures Through Choices Inc ($7.7m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 98% of the total. Other salaries and wages came to $2.4m. At year end it held assets of $17.9m against liabilities of $21.0m, net assets of -$3.2m. It reported 34 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.