Monroe-Union County Community Development Corporation

Analysis

Monroe-Union County Community Development Corporation is a registered charity in United States, based in Monroe, NC. It received its IRS tax-exemption ruling in June 2025. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 2019, Monroe-Union County Community Development Corporation reported income of $294k and spending of $275k, spending 93% of its income. Across the 2 years on record, from December 2018 to December 2019, income grew from $208k to $294k (+42%), an average of +42% a year. The sharpest change came in the year to December 2019, when income rose by 42%. Over the whole period it spent 106% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Monroe-Union County Community Development Corporation sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 60th percentile within NC. Charities of a similar size with the same main cause include Southview Housing Inc ($294k), Casa de Amigos VI Inc ($294k) and Piedmont Senior Housing Corporation ($294k).

On its Form 990 for the period ending December 2019, revenue came from contributions and grants 72% and program service revenue 28% of the total. Other salaries and wages came to $104k. At year end it held assets of $754k against liabilities of $8,300, net assets of $746k. It reported 4 employees.