Congress of Communities

Analysis

Congress of Communities is a registered charity in United States, based in Detroit, MI. 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, Congress of Communities reported income of $1.7m and spending of $1.3m, spending 81% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $371k to $1.7m (+346%), an average of +45% a year. The sharpest change came in the year to December 2022, when income rose by 165%. Over the whole period it spent 81% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Congress of Communities sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 84th percentile within MI. Charities of a similar size with the same main cause include City of Laporte Urban Enterprise Zone Inc ($1.7m), Point Forward Inc ($1.7m) and Cil Community Resources Incorporated ($1.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $90k (6.7% of expenses). Other salaries and wages came to $307k. At year end it held assets of $1.5m against liabilities of $54k, net assets of $1.5m. It reported 8 employees.