Community Outreach and Development Community Development Corporation

Analysis

Community Outreach and Development Community Development Corporation is a registered charity in United States, based in Capitol HGTS, MD. It received its IRS tax-exemption ruling in August 2000, 26 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Community Outreach and Development Community Development Corporation reported income of $251k and spending of $338k, spending 135% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $228k to $251k (+10%), an average of +2.5% a year. The sharpest change came in the year to December 2023, when income rose by 46%. Over the whole period it spent 123% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Community Outreach and Development Community Development Corporation sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 58th percentile within MD. Charities of a similar size with the same main cause include PDL Youth Foundation ($251k), Lost Sparrows Inc ($251k) and Wapakoneta Childrens Learning Center ($251k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $71k. At year end it held assets of $245k against liabilities of $307k, net assets of -$62k. It reported 2 employees.