Comunidad Corporation

Analysis

Comunidad Corporation is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in September 1995, 31 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 December 2023, Comunidad Corporation reported income of $281k and spending of $127k, leaving 55% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $135k to $281k (+109%), an average of +20% a year. The sharpest change came in the year to December 2023, when income rose by 127%. Over the whole period it spent 56% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Comunidad Corporation sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 65th percentile within TX. Charities of a similar size with the same main cause include Arp Manor - Mooresville Inc ($281k), Wilson County Casa Inc ($281k) and Hermandad Los Angeles Economic & Community Development Corporation ($281k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $98k (77% of expenses). At year end it held assets of $621k against liabilities of $5,000, net assets of $616k. It reported 1 employees.