Chris White Community Development Corporation

Analysis

Chris White Community Development Corporation is a registered charity in United States, based in Wilmington, DE. It received its IRS tax-exemption ruling in August 2000, 26 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic 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, Chris White Community Development Corporation reported income of $296k and spending of $548k, spending 185% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $229k to $296k (+29%), an average of +6.6% a year. Over the whole period it spent 195% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Chris White Community Development Corporation sits at the 59th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 56th percentile within DE. Charities of a similar size with the same main cause include Tooley Community Development Group ($296k), Houghton Jones Neighborhood Task Force Inc ($296k) and Pennsylvania State Association of County Fairs ($296k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 3.0% and program service revenue 93% of the total. At year end it held assets of $3.8m against liabilities of $1.6m, net assets of $2.2m.

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.