Community Development Incorporation

Analysis

Community Development Incorporation is a registered charity in United States, based in Richton, MS. It received its IRS tax-exemption ruling in October 1995, 31 years ago. Its declared purposes cover education, which this site groups under education and training. 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 September 2023, Community Development Incorporation reported income of $11.6m and spending of $12.0m, spending 104% of its income. Across the 4 years on record, from September 2019 to September 2023, income grew from $6.3m to $11.6m (+82%), an average of +22% a year. The sharpest change came in the year to September 2022, when income rose by 62%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Community Development Incorporation sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within MS. Charities of a similar size with the same main cause include Tennessee State University Foundation ($11.5m), Camden Military Academy ($11.6m) and Oakcrest School ($11.5m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 73% and program service revenue 17% of the total. Compensation of current officers, directors and key employees was $179k (1.5% of expenses). Other salaries and wages came to $5.6m. At year end it held assets of $6.0m against liabilities of $623k, net assets of $5.3m. It reported 295 employees.