Blackland Community Development Corporation

Analysis

Blackland Community Development Corporation is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in January 1985, 41 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 December 2023, Blackland Community Development Corporation reported income of $842k and spending of $573k, leaving 32% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $824k to $842k (+2.2%), an average of +0.5% a year. The sharpest change came in the year to December 2020, when income dropped by 24%. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Blackland Community Development Corporation sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 81st percentile within TX. Charities of a similar size with the same main cause include Barry County Christian School ($842k), Community Provider Network of Rhode Island ($843k) and Small Wonder Child Care Inc ($842k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 47% and program service revenue 53% of the total. Compensation of current officers, directors and key employees was $52k (9.0% of expenses). Other salaries and wages came to $105k. At year end it held assets of $2.6m against liabilities of $1.5m, net assets of $1.1m. It reported 5 employees.