Culpeper Community Development Corporation

Analysis

Culpeper Community Development Corporation is a registered charity in United States, based in Culpeper, VA. It received its IRS tax-exemption ruling in April 1989, 37 years ago. 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 June 2023, Culpeper Community Development Corporation reported income of $708k and spending of $504k, leaving 29% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $475k to $708k (+49%), an average of +10% a year. The sharpest change came in the year to June 2021, when income rose by 139%. Over the whole period it spent 109% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Culpeper Community Development Corporation sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 75th percentile within VA. Charities of a similar size with the same main cause include Asberry Courts Inc ($708k), Little League Baseball Inc ($708k) and International School of Hydrocarbon Measurement Inc ($708k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 87% and program service revenue 4.1% of the total. Other salaries and wages came to $214k. At year end it held assets of $3.0m against liabilities of $640k, net assets of $2.3m. It reported 6 employees.