Clergy United for the Transformation of Sandtown CDC

Analysis

Clergy United for the Transformation of Sandtown CDC is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in July 2024, 2 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, Clergy United for the Transformation of Sandtown CDC reported income of $728k and spending of $686k, spending 94% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $93k to $728k (+683%), an average of +99% a year. The sharpest change came in the year to December 2021, when income rose by 150%. Over the whole period it spent 97% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Clergy United for the Transformation of Sandtown CDC sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 75th percentile within MD. Charities of a similar size with the same main cause include Mercado LA Paloma Inc ($727k), Elmore County Economic Development Authority ($728k) and Ibew 375 Electrical Joint Apprenticeship and Training Trust ($727k).

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 $174k (25% of expenses). Other salaries and wages came to $110k. At year end it held assets of $127k against liabilities of $57k, net assets of $70k. It reported 7 employees.