Aallapattah Wynwood Community and Development Center
Analysis
Aallapattah Wynwood Community and Development Center is a registered charity in United States, based in Miami, FL. It received its IRS tax-exemption ruling in March 1994, 32 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending December 2023, Aallapattah Wynwood Community and Development Center reported income of $474k and spending of $1.3m, spending 270% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.3m to $474k (-65%), an average of -23% a year. The sharpest change came in the year to December 2023, when income dropped by 79%. Over the whole period it spent 104% of the income it received.
Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Aallapattah Wynwood Community and Development Center sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 72nd percentile within FL. Charities of a similar size with the same main cause include Qumbya Housing Cooperative ($474k), Diakonia Housing Inc ($474k) and Fairview Senior Housing Inc ($474k).
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 $527k. At year end it held assets of $1.5m against liabilities of $406k, net assets of $1.1m. It reported 27 employees.
Income and spending
Where the income comes from
- Contributions & grants 100%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Qumbya Housing Cooperative | Chicago | $474k |
| Diakonia Housing Inc | Long Beach | $474k |
| Fairview Senior Housing Inc | Charlotte | $474k |
| Bay Homes Development Corp | Suisun City | $474k |