Called to Serve CDC Inc

Analysis

Called to Serve CDC Inc is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in October 2014, 12 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, Called to Serve CDC Inc reported income of $884k and spending of $545k, leaving 38% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $195k to $884k (+354%), an average of +46% a year. The sharpest change came in the year to December 2022, when income rose by 315%. Over the whole period it spent 58% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Called to Serve CDC Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 76th percentile within PA. Charities of a similar size with the same main cause include Fishtown Kensington Area Business Improvement District Inc ($884k), Manaus ($884k) and Center for Agricultural Development and Entrepreneurship ($883k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $68k (12% of expenses). Other salaries and wages came to $245k. At year end it held assets of $2.0m against liabilities of $42k, net assets of $1.9m. It reported 28 employees.