Community Ventures Inc

Analysis

Community Ventures Inc is a registered charity in United States, based in Camilla, GA. It received its IRS tax-exemption ruling in July 1999, 27 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, Community Ventures Inc reported income of $556k and spending of $500k, spending 90% of its income. Across the 3 years on record, from December 2019 to December 2023, income grew from $179k to $556k (+210%), an average of +76% a year. The sharpest change came in the year to December 2022, when income dropped by 100%. Over the whole period it spent 96% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Community Ventures Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 76th percentile within GA. Charities of a similar size with the same main cause include Ahepa 232 Phase II Inc ($556k), Gallatin Manor Inc ($556k) and Kahala Nui Senior Living Foundation ($556k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 93% of the total. At year end it held assets of $1.3m against liabilities of $0, net assets of $1.3m.