Northwest Jacksonville Community Development Corporation

Analysis

Northwest Jacksonville Community Development Corporation is a registered charity in United States, based in Jacksonville, FL. It received its IRS tax-exemption ruling in February 2002, 24 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Northwest Jacksonville Community Development Corporation reported income of $1.8m and spending of $2.4m, spending 139% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $1.3m to $1.8m (+34%), an average of +7.7% a year. The sharpest change came in the year to September 2020, when income rose by 70%. Over the whole period it spent 99% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Northwest Jacksonville Community Development Corporation sits at the 81st percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 87th percentile within FL. Charities of a similar size with the same main cause include Bowdoin Manor Housing Inc ($1.8m), Haiti Empowered Inc ($1.8m) and Family Promise of Bergen County a New Jersey Non Profit Corporation ($1.8m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $1.1m. At year end it held assets of $8.0m against liabilities of $4.4m, net assets of $3.7m. It reported 16 employees.