New Direction Community Development Corporation

Analysis

New Direction Community Development Corporation is a registered charity in United States, based in Bradenton, FL. It received its IRS tax-exemption ruling in December 1999, 27 years ago. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2021, New Direction Community Development Corporation reported income of $280k and spending of $256k, spending 91% of its income. Across the 3 years on record, from December 2019 to December 2021, income fell from $282k to $280k (-0.8%), an average of -0.4% a year. The sharpest change came in the year to December 2021, when income rose by 39%. Over the whole period it spent 89% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, New Direction Community Development Corporation sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 63rd percentile within FL. Charities of a similar size with the same main cause include Viola Blythe Community Service Center of Newark ($280k), Austrian-American Council West ($280k) and PTA California Congress of Parents Teachers & Students Inc ($280k).

On its Form 990 for the period ending December 2021, revenue came from program service revenue 100% of the total. At year end it held assets of $675k against liabilities of $0, net assets of $675k.