Clarksville Community Development Corporation

Analysis

Clarksville Community Development Corporation is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in September 2003, 23 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 September 2023, Clarksville Community Development Corporation reported income of $343k and spending of $196k, leaving 43% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $169k to $343k (+103%), an average of +19% a year. The sharpest change came in the year to September 2020, when income rose by 172%. Over the whole period it spent 65% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Clarksville Community Development Corporation sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 68th percentile within TX. Charities of a similar size with the same main cause include Support Services for the Developmentally Disabled ($343k), Glenville State College Housing Corporation ($343k) and Intercommunity Housing Ferndale ($343k).

On its Form 990 for the period ending September 2023, revenue came from program service revenue 62% of the total. Other salaries and wages came to $25k. At year end it held assets of $1.2m against liabilities of $128k, net assets of $1.0m.