Community Action Development Corporation

Analysis

Community Action Development Corporation is a registered charity in United States, based in Frederick, OK. It received its IRS tax-exemption ruling in October 1968, 58 years ago. 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 September 2023, Community Action Development Corporation reported income of $15.8m and spending of $13.7m, spending 87% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $9.0m to $15.8m (+76%), an average of +15% a year. The sharpest change came in the year to September 2023, when income rose by 31%. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Community Action Development Corporation 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 Ocean Community Economic Action Now Inc ($15.8m), Ravenwood Mental Health Center ($15.8m) and A G Rhodes Home Inc ($15.8m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 62% and program service revenue 25% of the total. Compensation of current officers, directors and key employees was $211k (1.5% of expenses). Other salaries and wages came to $5.0m. At year end it held assets of $11.6m against liabilities of $441k, net assets of $11.2m. It reported 271 employees.