Canadian Community Center

Analysis

Canadian Community Center is a registered charity in United States, based in Canadian, TX. It received its IRS tax-exemption ruling in March 1983, 43 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Canadian Community Center reported income of $400k and spending of $440k, spending 110% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $310k to $400k (+29%), an average of +6.6% a year. The sharpest change came in the year to December 2021, when income rose by 51%. Over the whole period it spent 106% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Canadian Community Center sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 71st percentile within TX. Charities of a similar size with the same main cause include Capacidad ($400k), Genesis Place ($400k) and Maryam Parman Foundation for Children Inc ($400k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 83% and program service revenue 13% of the total. Other salaries and wages came to $216k. At year end it held assets of $753k against liabilities of $76k, net assets of $677k. It reported 21 employees.