Big Bend Community Development Corporation

Analysis

Big Bend Community Development Corporation is a registered charity in United States, based in Quincy, FL. It received its IRS tax-exemption ruling in June 2001, 25 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, Big Bend Community Development Corporation reported income of $245k and spending of $153k, leaving 37% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $24k to $245k (+918%), an average of +79% a year. The sharpest change came in the year to December 2023, when income rose by 488%. Over the whole period it spent 94% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Big Bend Community Development Corporation sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 61st percentile within FL. Charities of a similar size with the same main cause include People S Resource Center ($244k), Los Sures 907 Driggs Avenue Housing Development Fund Corporation ($245k) and Wesley Asi of Northern Virginia ($244k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 50% and program service revenue 8.7% of the total. At year end it held assets of $2.1m against liabilities of $345k, net assets of $1.8m.