Community Development Resources

Analysis

Community Development Resources is a registered charity in United States, based in Lincoln, NE. It received its IRS tax-exemption ruling in August 2001, 25 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 Development Resources reported income of $585k and spending of $587k, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $273k to $585k (+114%), an average of +21% a year. The sharpest change came in the year to December 2022, when income rose by 192%. Over the whole period it spent 87% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Community Development Resources sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 72nd percentile within NE. Charities of a similar size with the same main cause include Growing Grace Inc ($585k), Cheatham County Community Enhancement Coalition ($586k) and Broad Community Connections Inc ($585k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 75% and program service revenue 24% of the total. Compensation of current officers, directors and key employees was $160k (27% of expenses). Other salaries and wages came to $165k. At year end it held assets of $2.0m against liabilities of $1.4m, net assets of $595k. It reported 5 employees.