Resurrected Community Development Corporation

Analysis

Resurrected Community Development Corporation is a registered charity in United States, based in Allentown, PA. It received its IRS tax-exemption ruling in September 2011, 15 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Resurrected Community Development Corporation reported income of $1.6m and spending of $1.5m, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $563k to $1.6m (+181%), an average of +30% a year. The sharpest change came in the year to December 2021, when income rose by 51%. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Resurrected Community Development Corporation sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 82nd percentile within PA. Charities of a similar size with the same main cause include Level Field Facilities Fund Inc ($1.6m), Students Prepared to Succeed ($1.6m) and Educational Horizons Inc ($1.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $627k. At year end it held assets of $594k against liabilities of $314k, net assets of $280k. It reported 30 employees.