Dynamic Community Development Corporation

Analysis

Dynamic Community Development Corporation is a registered charity in United States, based in Miami, FL. It received its IRS tax-exemption ruling in February 2001, 25 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 February 2023, Dynamic Community Development Corporation reported income of $271k and spending of $268k, spending 99% of its income. Across the 4 years on record, from February 2020 to February 2023, income grew from $184k to $271k (+47%), an average of +14% a year. The sharpest change came in the year to February 2023, when income rose by 53%. Over the whole period it spent 97% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Dynamic Community Development Corporation sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 63rd percentile within FL. Charities of a similar size with the same main cause include Main Street Monroe Inc ($271k), Main Street Greeneville ($271k) and Rotary Zones 25 & 29 Foundation ($271k).

On its Form 990 for the period ending February 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $79k (30% of expenses). At year end it held assets of $236k against liabilities of $172k, net assets of $64k. It reported 5 employees.