Metro Community Development Corporation

Analysis

Metro Community Development Corporation is a registered charity in United States, based in Compton, CA. It received its IRS tax-exemption ruling in February 2018, 8 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, Metro Community Development Corporation reported income of $56k and spending of $69k, spending 123% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $116k to $56k (-51%), an average of -51% a year. The sharpest change came in the year to December 2023, when income dropped by 51%. Over the whole period it spent 83% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Metro Community Development Corporation sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 24th percentile within CA. Charities of a similar size with the same main cause include Win Energy Remc Community Trust Inc ($56k), Paying It Forward Stenographic Initiative Inc ($57k) and Christmas Decorations Committee Inc ($56k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $65k against liabilities of $0, net assets of $65k.