St John Fruit Belt Community Development Corporation

Analysis

St John Fruit Belt Community Development Corporation is a registered charity in United States, based in Buffalo, NY. It received its IRS tax-exemption ruling in November 2003, 23 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, St John Fruit Belt Community Development Corporation reported income of $539k and spending of $233k, leaving 57% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $139k to $539k (+289%), an average of +97% a year. The sharpest change came in the year to December 2023, when income rose by 111%. Over the whole period it spent 68% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, St John Fruit Belt Community Development Corporation sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 67th percentile within NY. Charities of a similar size with the same main cause include L U L a C Oak Hill Inc ($539k), Lake Agassiz Housing Corporation ($539k) and Woodland Park Apartments of Hickory Inc ($539k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 5.6% and program service revenue 92% of the total. Compensation of current officers, directors and key employees was $50k (21% of expenses). At year end it held assets of $621k against liabilities of $17k, net assets of $604k.