Marshall Heights Community Development Organization

Analysis

Marshall Heights Community Development Organization is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in February 1980, 46 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 September 2022, Marshall Heights Community Development Organization reported income of $2.7m and spending of $2.2m, leaving 21% of income unspent that year. Across the 4 years on record, from September 2019 to September 2022, income grew from $835k to $2.7m (+229%), an average of +49% a year. The sharpest change came in the year to September 2020, when income rose by 62%. Over the whole period it spent 94% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Marshall Heights Community Development Organization sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 71st percentile within DC. Charities of a similar size with the same main cause include Growth Sector Company ($2.7m), University of Maine Pulp and Paper Foundation ($2.7m) and Southwest Virginia Workforce Development Board ($2.7m).

On its Form 990 for the period ending September 2022, revenue came from contributions and grants 20% and program service revenue 50% of the total. Other salaries and wages came to $594k. At year end it held assets of $3.1m against liabilities of $1.1m, net assets of $2.0m. It reported 13 employees.