Family Life Community Development Corporation

Analysis

Family Life Community Development Corporation is a registered charity in United States, based in Shreveport, LA. It received its IRS tax-exemption ruling in May 2014, 12 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 June 2023, Family Life Community Development Corporation reported income of $583k and spending of $506k, spending 87% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $218k to $583k (+167%), an average of +39% a year. The sharpest change came in the year to June 2022, when income rose by 220%. Over the whole period it spent 59% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Family Life Community Development Corporation sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 71st percentile within LA. Charities of a similar size with the same main cause include Win Win Network ($583k), Beverly Area Planning Association ($584k) and Morris Park District Management Association Inc ($582k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 95% and program service revenue 2.3% of the total. Other salaries and wages came to $235k. At year end it held assets of $826k against liabilities of $2,375, net assets of $823k. It reported 23 employees.