Al Community Development Corporation

Analysis

Al Community Development Corporation is a registered charity in United States, based in Pflugerville, TX. It received its IRS tax-exemption ruling in July 2016, 10 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, Al Community Development Corporation reported income of $637k and spending of $562k, spending 88% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $399k to $637k (+60%), an average of +26% a year. The sharpest change came in the year to December 2022, when income rose by 61%. Over the whole period it spent 76% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Al Community Development Corporation sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 78th percentile within TX. Charities of a similar size with the same main cause include Vivians Door Inc ($637k), Economic Development Corporation ($638k) and Birdseed Collective ($637k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 66% and program service revenue 34% of the total. Other salaries and wages came to $284k. At year end it held assets of $450k against liabilities of $0, net assets of $450k. It reported 15 employees.