Bird Rock Community Development Corporation

Analysis

Bird Rock Community Development Corporation is a registered charity in United States, based in LA Jolla, CA. It received its IRS tax-exemption ruling in July 2002, 24 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 2024, Bird Rock Community Development Corporation reported income of $279k and spending of $256k, spending 92% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $190k to $279k (+47%), an average of +10% a year. The sharpest change came in the year to June 2022, when income rose by 32%. Over the whole period it spent 99% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Bird Rock Community Development Corporation sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 63rd percentile within CA. Charities of a similar size with the same main cause include The South City Foundation Inc ($279k), Represent Cincy ($279k) and Lens Foundation ($279k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 13% and program service revenue 86% of the total. At year end it held assets of $157k against liabilities of $73k, net assets of $84k.