Community Development Corp of Bentonville Bella Vista

Analysis

Community Development Corp of Bentonville Bella Vista is a registered charity in United States, based in Bentonville, AR. It received its IRS tax-exemption ruling in November 1992, 34 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 April 2023, Community Development Corp of Bentonville Bella Vista reported income of $3.9m and spending of $3.3m, spending 84% of its income. Across the 5 years on record, from April 2019 to April 2023, income grew from $3.5m to $3.9m (+11%), an average of +2.8% a year. The sharpest change came in the year to April 2021, when income rose by 25%. Over the whole period it spent 86% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Community Development Corp of Bentonville Bella Vista sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 91st percentile within AR. Charities of a similar size with the same main cause include Housing in Action ($3.9m), Rebuilding Together Southern Nevada ($3.9m) and Oyster Bay Urban Renewal Inc ($3.9m).

On its Form 990 for the period ending April 2023, revenue came from contributions and grants 31% and program service revenue 69% of the total. Other salaries and wages came to $1.7m. At year end it held assets of $15.1m against liabilities of $1.9m, net assets of $13.2m. It reported 88 employees.