Council of State Community Developm Ent Agencies

Analysis

Council of State Community Developm Ent Agencies is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in November 1976, 50 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 June 2023, Council of State Community Developm Ent Agencies reported income of $1.0m and spending of $963k, spending 94% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $746k to $1.0m (+37%), an average of +8.2% a year. The sharpest change came in the year to June 2023, when income rose by 25%. Over the whole period it spent 95% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Council of State Community Developm Ent Agencies sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 55th percentile within DC. Charities of a similar size with the same main cause include Christian World Outreach ($1.0m), Joint Apprenticeship Program Fund Asbestos Workers Local No 2 ($1.0m) and Antioch Urban Ministries Inc ($1.0m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 98% of the total. Compensation of current officers, directors and key employees was $219k (23% of expenses). Other salaries and wages came to $144k. At year end it held assets of $1.2m against liabilities of $302k, net assets of $854k. It reported 3 employees.