Peoples Community Development Corporation

Analysis

Peoples Community Development Corporation is a registered charity in United States, based in Syracuse, NY. It received its IRS tax-exemption ruling in June 2011, 15 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 (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 2022, Peoples Community Development Corporation reported income of $257k and spending of $223k, spending 86% of its income. Across the 2 years on record, from December 2021 to December 2022, income grew from $225k to $257k (+15%), an average of +15% a year. Over the whole period it spent 84% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Peoples Community Development Corporation sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 56th percentile within NY. Charities of a similar size with the same main cause include Indian Rock Supportive Housing Inc ($257k), West Oak Lane Community Development Corp ($258k) and Responsive to Our Community Inc ($257k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 85% and program service revenue 7.4% of the total. Other salaries and wages came to $81k. At year end it held assets of $671k against liabilities of $517k, net assets of $154k.