Community Enterprise Development Services

Analysis

Community Enterprise Development Services is a registered charity in United States, based in Aurora, CO. It received its IRS tax-exemption ruling in August 2012, 14 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 September 2023, Community Enterprise Development Services reported income of $2.6m and spending of $2.4m, spending 90% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $1.0m to $2.6m (+157%), an average of +27% a year. The sharpest change came in the year to September 2021, when income rose by 87%. Over the whole period it spent 67% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Community Enterprise Development Services sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 88th percentile within CO. Charities of a similar size with the same main cause include Brookline Food Pantry Inc ($2.6m), Wee R the World Daycare Center Inc ($2.6m) and Caring Cupboard Inc ($2.6m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 87% and program service revenue 10.0% of the total. Compensation of current officers, directors and key employees was $177k (7.4% of expenses). Other salaries and wages came to $982k. At year end it held assets of $11.4m against liabilities of $7.1m, net assets of $4.3m. It reported 17 employees.