North Fork Community Development

Analysis

North Fork Community Development is a registered charity in United States, based in North Fork, CA. It received its IRS tax-exemption ruling in August 2001, 25 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, North Fork Community Development reported income of $595k and spending of $313k, leaving 47% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.5m to $595k (-61%), an average of -21% a year. The sharpest change came in the year to December 2022, when income rose by 362%. Over the whole period it spent 25% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, North Fork Community Development sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 74th percentile within CA. Charities of a similar size with the same main cause include Nicb Foundation ($595k), Steinway Street District Management Association Inc ($596k) and Global Transpark Foundation Inc ($595k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.2% and program service revenue 89% of the total. At year end it held assets of $2.1m against liabilities of $670k, net assets of $1.4m.