Native Cdfi Network Inc

Analysis

Native Cdfi Network Inc is a registered charity in United States, based in Grand Island, NE. It received its IRS tax-exemption ruling in September 2015, 11 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, Native Cdfi Network Inc reported income of $1.7m and spending of $1.2m, leaving 29% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $450k to $1.7m (+276%), an average of +39% a year. The sharpest change came in the year to December 2020, when income rose by 74%. Over the whole period it spent 62% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Native Cdfi Network Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 84th percentile within NE. Charities of a similar size with the same main cause include River City Capital Investment Corp ($1.7m), Segd ($1.7m) and Mission Community Services Corporation ($1.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $191k. At year end it held assets of $2.4m against liabilities of $72k, net assets of $2.3m. It reported 3 employees.