Network for Developing Conscious Communities

Analysis

Network for Developing Conscious Communities is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in May 2015, 11 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 (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, Network for Developing Conscious Communities reported income of $230k and spending of $274k, spending 119% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $131k to $230k (+76%), an average of +76% a year. The sharpest change came in the year to December 2023, when income rose by 76%. Over the whole period it spent 141% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Network for Developing Conscious Communities sits at the 41st percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 31st percentile within DC. Charities of a similar size with the same main cause include West Warren Housing Inc ($230k), Vision Hope Community Development Corporation Inc ($231k) and Hacfs Properties ($230k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 63% and program service revenue 36% of the total. Compensation of current officers, directors and key employees was $73k (27% of expenses). At year end it held assets of $322k against liabilities of $260k, net assets of $62k.