Coppin Heights Community Development Corporation

Analysis

Coppin Heights Community Development Corporation is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in August 1995, 31 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, Coppin Heights Community Development Corporation reported income of $548k and spending of $834k, spending 152% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $347k to $548k (+58%), an average of +12% a year. The sharpest change came in the year to December 2022, when income rose by 52%. Over the whole period it spent 131% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Coppin Heights Community Development Corporation sits at the 69th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 71st percentile within MD. Charities of a similar size with the same main cause include Americas Central Port Foundation I Inc ($548k), Renaissance-Parents of Success ($548k) and Appalachian Independence Center Inc ($548k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% and program service revenue 2.7% of the total. Compensation of current officers, directors and key employees was $160k (19% of expenses). Other salaries and wages came to $124k. At year end it held assets of $13.9m against liabilities of $3.5m, net assets of $10.4m. It reported 4 employees.