National Association for County Community and Economic Development

Analysis

National Association for County Community and Economic Development is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in August 1989, 37 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, National Association for County Community and Economic Development reported income of $624k and spending of $646k, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $372k to $624k (+68%), an average of +14% a year. The sharpest change came in the year to December 2022, when income rose by 30%. Over the whole period it spent 93% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, National Association for County Community and Economic Development sits at the 71st percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 47th percentile within DC. Charities of a similar size with the same main cause include Long Island Development Corporation ($624k), Original Six Foundation ($624k) and Seneca Street Community Development Corporation ($623k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.5% and program service revenue 98% of the total. At year end it held assets of $613k against liabilities of $227k, net assets of $386k.