Community Action Resource & Development Inc

Analysis

Community Action Resource & Development Inc is a registered charity in United States, based in Claremore, OK. It received its IRS tax-exemption ruling in October 1968, 58 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Community Action Resource & Development Inc reported income of $15.1m and spending of $14.9m, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $11.9m to $15.1m (+27%), an average of +6.2% a year. The sharpest change came in the year to December 2023, when income rose by 17%. Over the whole period it spent 104% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Community Action Resource & Development Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within OK. Charities of a similar size with the same main cause include Berrien-Cass-Vanburen Workforce Development Board Inc ($15.1m), Lutheran Home-Hickory West Inc ($15.1m) and Odd Fellows Home of Connecticut Inc ($15.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% and program service revenue 9.1% of the total. Compensation of current officers, directors and key employees was $251k (1.7% of expenses). Other salaries and wages came to $7.8m. At year end it held assets of $10.1m against liabilities of $1.3m, net assets of $8.8m. It reported 361 employees.