Help Community Development Corporation

Analysis

Help Community Development Corporation is a registered charity in United States, based in Maitland, FL. It received its IRS tax-exemption ruling in December 2004, 22 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 (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, Help Community Development Corporation reported income of $585k and spending of $443k, leaving 24% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $865k to $585k (-32%), an average of -9.3% a year. The sharpest change came in the year to December 2022, when income rose by 92%. Over the whole period it spent 94% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Help Community Development Corporation sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 75th percentile within FL. Charities of a similar size with the same main cause include District of Columbia Students Construction Trades Foundation Inc ($585k), Broad Community Connections Inc ($585k) and Minority Construction Council Inc ($584k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $303k. At year end it held assets of $400k against liabilities of $200k, net assets of $200k. It reported 6 employees.