Community Capital Corporation

Analysis

Community Capital Corporation is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in January 2002, 24 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Community Capital Corporation reported income of $5.5m and spending of $5.0m, spending 91% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $5.7m to $5.5m (-2.6%), an average of -0.7% a year. The sharpest change came in the year to June 2020, when income rose by 252%. Over the whole period it spent 61% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Community Capital Corporation sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 81st percentile within DC. Charities of a similar size with the same main cause include Horizon Christian Academy Inc ($5.5m), Foundation for California University of Pennsylvania ($5.5m) and Southwestern Illinois College Foundation ($5.5m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 99% of the total. Compensation of current officers, directors and key employees was $208k (4.1% of expenses). Other salaries and wages came to $949k. At year end it held assets of $23.0m against liabilities of $5.2m, net assets of $17.8m. It reported 15 employees.