Community Cares Local Development Corporation

Analysis

Community Cares Local Development Corporation is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in March 2016, 10 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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 June 2023, Community Cares Local Development Corporation reported income of $1.2m and spending of $2.2m, spending 177% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.1m to $1.2m (+9.6%), an average of +2.3% a year. The sharpest change came in the year to June 2020, when income rose by 70%. Over the whole period it spent 150% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Community Cares Local Development Corporation sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 78th percentile within NY. Charities of a similar size with the same main cause include Brooklyn Health Medical Group PC ($1.2m), Oconto Falls Area Joint Ambulance Service Inc ($1.2m) and Kids Cancer Foundation Inc ($1.2m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 96% of the total. At year end it held assets of $28.3m against liabilities of $31.3m, net assets of -$3.0m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.