Dilworth Community Development Association Inc

Analysis

Dilworth Community Development Association Inc is a registered charity in United States, based in Charlotte, NC. It received its IRS tax-exemption ruling in February 1979, 47 years ago. 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 2022, Dilworth Community Development Association Inc reported income of $105k and spending of $101k, spending 97% of its income. Across the 2 years on record, from December 2020 to December 2022, income fell from $565k to $105k (-81%), an average of -82% a year. The sharpest change came in the year to December 2022, when income dropped by 81%. Over the whole period it spent 72% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Dilworth Community Development Association Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 36th percentile within NC. Charities of a similar size with the same main cause include Logan Fire Company-1 ($105k), American Inns of Court Foundation ($105k) and Little League Baseball Inc ($105k).

On its Form 990-EZ for the period ending December 2022, revenue came from contributions and grants 23% and program service revenue 77% of the total. At year end it held assets of $264k against liabilities of $11k, net assets of $253k.