Central Detroit Christian Community Development Corporation

Analysis

Central Detroit Christian Community Development Corporation is a registered charity in United States, based in Detroit, MI. It received its IRS tax-exemption ruling in October 1993, 33 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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, Central Detroit Christian Community Development Corporation reported income of $4.9m and spending of $5.9m, spending 121% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.8m to $4.9m (+75%), an average of +15% a year. The sharpest change came in the year to December 2020, when income rose by 46%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Central Detroit Christian Community Development Corporation sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 92nd percentile within MI. Charities of a similar size with the same main cause include Developmental Services Continuum Inc ($4.9m), Menorah Housing Foundation ($4.9m) and Ronald McDonald House Charities of the Triangle ($4.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 66% and program service revenue 25% of the total. Compensation of current officers, directors and key employees was $84k (1.4% of expenses). Other salaries and wages came to $1.4m. At year end it held assets of $18.2m against liabilities of $8.3m, net assets of $9.8m. It reported 51 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.