Guadalupe Community Development Corporation

Analysis

Guadalupe Community Development Corporation is a registered charity in United States, based in Santa Rosa, NM. It received its IRS tax-exemption ruling in October 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 June 2024, Guadalupe Community Development Corporation reported income of $191k and spending of $255k, spending 133% of what it took in. Across the 2 years on record, from June 2023 to June 2024, income fell from $332k to $191k (-42%), an average of -42% a year. The sharpest change came in the year to June 2024, when income dropped by 42%. Over the whole period it spent 105% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Guadalupe Community Development Corporation sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 50th percentile within NM. Charities of a similar size with the same main cause include Antwerp Community Development Committee Inc ($191k), Third Place Inc ($191k) and Probability Management Inc ($191k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 15% and program service revenue 70% of the total. At year end it held assets of $380k against liabilities of $380k, net assets of $0.