Community Center Development Corporation

Analysis

Community Center Development Corporation is a registered charity in United States, based in Hammond, IN. It received its IRS tax-exemption ruling in September 1991, 35 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2023, Community Center Development Corporation reported income of $326k and spending of $294k, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $197k to $326k (+65%), an average of +13% a year. The sharpest change came in the year to December 2020, when income rose by 112%. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Community Center 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 63rd percentile, and in the 63rd percentile within IN. Charities of a similar size with the same main cause include Stonewood Community Project Inc ($326k), Little Wonders ($326k) and Lutheran Housing Services No 10 Incorporated ($325k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $1.5m against liabilities of $706k, net assets of $765k.