Greater North Louisiana Community Development Corporation

Analysis

Greater North Louisiana Community Development Corporation is a registered charity in United States, based in Jonesboro, LA. It received its IRS tax-exemption ruling in June 2004, 22 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 December 2023, Greater North Louisiana Community Development Corporation reported income of $67k and spending of $96k, spending 144% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income grew from $36k to $67k (+85%), an average of +36% a year. The sharpest change came in the year to December 2023, when income rose by 87%. Over the whole period it spent 213% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Greater North Louisiana Community Development Corporation sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 26th percentile within LA. Charities of a similar size with the same main cause include Moville Community Development Association Inc ($67k), Indy Idea Hub ($67k) and West Seattle Rotary Service Foundation ($66k).

At year end it held assets of $1.2m against liabilities of $335k, net assets of $830k. It reported 3 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.