Community Coalition of South Dade Inc

Analysis

Community Coalition of South Dade Inc is a registered charity in United States, based in Homestead, FL. It received its IRS tax-exemption ruling in June 2012, 14 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 2023, Community Coalition of South Dade Inc reported income of $89k and spending of $86k, spending 96% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $753k to $89k (-88%), an average of -88% a year. The sharpest change came in the year to December 2023, when income dropped by 88%. Over the whole period it spent 18% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Community Coalition of South Dade Inc sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 37th percentile within FL. Charities of a similar size with the same main cause include Calhoun Economic Development Corporation ($89k), Tiptonville Main Street ($89k) and Cause Agency ($89k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% of the total. At year end it held assets of $1.4m against liabilities of $695k, net assets of $695k.