Central Community Association Inc

Analysis

Central Community Association Inc is a registered charity in United States, based in Shreveport, LA. It received its IRS tax-exemption ruling in August 2011, 15 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Central Community Association Inc reported income of $119k and spending of $127k, spending 106% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $88k to $119k (+36%), an average of +7.9% a year. The sharpest change came in the year to December 2021, when income rose by 137%. Over the whole period it spent 64% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Central Community Association Inc sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 40th percentile within LA. Charities of a similar size with the same main cause include Affirm Cares ($119k), Bay Days ($119k) and Gila Community and Tourism Development Inc ($119k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.8% of the total. Compensation of current officers, directors and key employees was $12k (9.4% of expenses). Other salaries and wages came to $12k. At year end it held assets of $663k against liabilities of $0, net assets of $663k. It reported 16 employees.