Holden Heights Community Development Corporation

Analysis

Holden Heights Community Development Corporation is a registered charity in United States, based in Zellwood, FL. It received its IRS tax-exemption ruling in January 2022, 4 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Holden Heights Community Development Corporation reported income of $100k and spending of $99k, spending 99% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $100k to $100k (+0.0%), an average of +0.0% a year. Over the whole period it spent 97% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Holden Heights Community Development Corporation sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 40th percentile within FL. Charities of a similar size with the same main cause include Marshall County Crossroads Regional Planning Team Inc ($100k), Coconino County Sustainable Economic Development Initiative ($100k) and Triumph Community Development Corporation ($100k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $5,793 against liabilities of $0, net assets of $5,793.