Northside Association for Community Development

Analysis

Northside Association for Community Development is a registered charity in United States, based in Kalamazoo, MI. It received its IRS tax-exemption ruling in October 1988, 38 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 2022, Northside Association for Community Development reported income of $733k and spending of $659k, spending 90% of its income. Across the 4 years on record, from December 2019 to December 2022, income fell from $915k to $733k (-20%), an average of -7.1% a year. The sharpest change came in the year to December 2020, when income rose by 92%. Over the whole period it spent 56% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Northside Association for Community Development sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 75th percentile within MI. Charities of a similar size with the same main cause include Ezekiel Community Development Corporation ($733k), Upper Valley Helpsource Inc ($733k) and Antiochs Hope Center Inc ($733k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 72% of the total. Compensation of current officers, directors and key employees was $70k (11% of expenses). Other salaries and wages came to $49k. At year end it held assets of $6.7m against liabilities of $440k, net assets of $6.2m. It reported 13 employees.