Ccidc Inc

Analysis

Ccidc Inc is a registered charity in United States, based in Escondido, CA. It received its IRS tax-exemption ruling in January 2003, 23 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, Ccidc Inc reported income of $240k and spending of $216k, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $292k to $240k (-18%), an average of -4.7% a year. Over the whole period it spent 96% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Ccidc Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 60th percentile within CA. Charities of a similar size with the same main cause include Kings Fair Pledge Foundation Inc ($240k), Chattanooga Technology Council ($240k) and Rhode Island Business Development Institute Inc ($240k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $77k (36% of expenses). Other salaries and wages came to $53k. At year end it held assets of $111k against liabilities of $32k, net assets of $79k. It reported 2 employees.