Community Concepts Development Corporation

Analysis

Community Concepts Development Corporation is a registered charity in United States, based in Lewiston, ME. It received its IRS tax-exemption ruling in July 2019, 7 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Community Concepts Development Corporation reported income of $2.1m and spending of $1.8m, spending 83% of its income. The sharpest change came in the year to September 2023, when income rose by 93%. Over the whole period it spent 110% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Community Concepts Development Corporation sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 85th percentile within ME. Charities of a similar size with the same main cause include Cambridge Neighborhood Apartment Housing Service Inc ($2.1m), El Barrios Operation Fight Back Inc ($2.1m) and Community Housing Associates Inc ($2.1m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 41% and program service revenue 59% of the total. At year end it held assets of $8.3m against liabilities of $7.9m, net assets of $403k.