Route 9 Community Development Corporation

Analysis

Route 9 Community Development Corporation is a registered charity in United States, based in New Castle, DE. It received its IRS tax-exemption ruling in October 2015, 11 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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, Route 9 Community Development Corporation reported income of $3.3m and spending of $694k, leaving 79% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $131k to $3.3m (+2444%), an average of +125% a year. The sharpest change came in the year to December 2023, when income rose by 2967%. Over the whole period it spent 30% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Route 9 Community Development Corporation sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 89th percentile within DE. Charities of a similar size with the same main cause include Maine Cancer Foundation ($3.3m), Breast Cancer Prevention Partners ($3.3m) and Foundation Health Services Inc ($3.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $372k (54% of expenses). Other salaries and wages came to $200k. At year end it held assets of $2.7m against liabilities of $19k, net assets of $2.7m. It reported 15 employees.