Companion Community Development Alternatives Inc

Analysis

Companion Community Development Alternatives Inc is a registered charity in United States, based in Louisville, KY. It received its IRS tax-exemption ruling in November 1993, 33 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Companion Community Development Alternatives Inc reported income of $230k and spending of $269k, spending 117% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income fell from $292k to $230k (-21%), an average of -5.8% a year. The sharpest change came in the year to September 2022, when income rose by 39%. Over the whole period it spent 104% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Companion Community Development Alternatives Inc sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 56th percentile within KY. Charities of a similar size with the same main cause include Pontifical University of the Holy Cross Foundation ($230k), Jackie Mize International Childrens FDN ($230k) and Adventure Travel Conservation Fund ($230k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 44% and program service revenue 44% of the total. Compensation of current officers, directors and key employees was $50k (18% of expenses). Other salaries and wages came to $31k. At year end it held assets of $33k against liabilities of $2,782, net assets of $30k. It reported 1 employees.