Tampa Bay Community & Family Development Corporation

Analysis

Tampa Bay Community & Family Development Corporation is a registered charity in United States, based in Tampa, FL. It received its IRS tax-exemption ruling in October 2001, 25 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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 June 2024, Tampa Bay Community & Family Development Corporation reported income of $473k and spending of $566k, spending 120% of what it took in. Across the 5 years on record, from June 2019 to June 2024, income grew from $424k to $473k (+12%), an average of +2.8% a year. The sharpest change came in the year to June 2024, when income dropped by 28%. Over the whole period it spent 97% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Tampa Bay Community & Family Development Corporation sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 72nd percentile within FL. Charities of a similar size with the same main cause include Maureens Haven Inc ($473k), Alliance Industries Inc ($473k) and Chinese Catholic Association of Los Angeles ($473k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $75k (13% of expenses). At year end it held assets of $196k against liabilities of $155k, net assets of $40k. It reported 1 employees.