Fort Lauderdale Community Development Corporation Inc

Analysis

Fort Lauderdale Community Development Corporation Inc is a registered charity in United States, based in Ft Lauderdale, FL. It received its IRS tax-exemption ruling in September 1995, 31 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, Fort Lauderdale Community Development Corporation Inc reported income of $521k and spending of $546k, spending 105% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $432k to $521k (+20%), an average of +4.8% a year. The sharpest change came in the year to December 2021, when income rose by 32%. Over the whole period it spent 93% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Fort Lauderdale Community Development Corporation Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 73rd percentile within FL. Charities of a similar size with the same main cause include Shiloh Manor Inc ($521k), Rush Homes Inc ($521k) and Voa Durham Maple Court Inc ($521k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.8% and program service revenue 101% of the total. Other salaries and wages came to $41k. At year end it held assets of $1.8m against liabilities of $1.3m, net assets of $491k. It reported 1 employees.