Community Advancement Development Corporation

Analysis

Community Advancement Development Corporation is a registered charity in United States, based in San Marcos, CA. It received its IRS tax-exemption ruling in May 2014, 12 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Community Advancement Development Corporation reported income of $338k and spending of $200k, leaving 41% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $35k to $338k (+866%), an average of +76% a year. The sharpest change came in the year to December 2020, when income rose by 657%. Over the whole period it spent 124% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Community Advancement Development Corporation sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 66th percentile within CA. Charities of a similar size with the same main cause include Siloam Missionary Homes ($338k), Reach for It of Tucson ($338k) and McAuley Manor Inc ($338k).

At year end it held assets of $187k against liabilities of $0, net assets of $187k.