Crown Community Development Corporation Inc

Analysis

Crown Community Development Corporation Inc is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in February 2020, 6 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, Crown Community Development Corporation Inc reported income of $438k and spending of $394k, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $279k to $438k (+57%), an average of +12% a year. The sharpest change came in the year to December 2021, when income rose by 139%. Over the whole period it spent 86% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Crown Community Development Corporation Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 68th percentile within IN. Charities of a similar size with the same main cause include National Skilled Trades Network ($438k), North Union Farmers Market ($439k) and Latino and Latina Roundtable of the San Gabriel and Pomona Valley ($438k).

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 $148k (38% of expenses). At year end it held assets of $265k against liabilities of $0, net assets of $265k. It reported 6 employees.