Lawndale Christian Development Corporation

Analysis

Lawndale Christian Development Corporation is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in January 2018, 8 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 December 2023, Lawndale Christian Development Corporation reported income of $7.0m and spending of $5.2m, leaving 26% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $2.2m to $7.0m (+226%), an average of +48% a year. The sharpest change came in the year to December 2023, when income rose by 110%. Over the whole period it spent 69% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Lawndale Christian Development Corporation sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 93rd percentile within IL. Charities of a similar size with the same main cause include TD Jakes Foundation ($7.0m), Local Union 104 Occupational Safety Health and Educational Trust Fund ($7.0m) and Proteus Inc ($7.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 83% and program service revenue 17% of the total. Compensation of current officers, directors and key employees was $170k (3.2% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $29.3m against liabilities of $26.4m, net assets of $2.9m. It reported 19 employees.