Corinthian Baptist Community Development Corporation

Analysis

Corinthian Baptist Community Development Corporation is a registered charity in United States, based in Des Moines, IA. It received its IRS tax-exemption ruling in November 2017, 9 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Corinthian Baptist Community Development Corporation reported income of $130k and spending of $136k, spending 105% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $130k to $130k (-0.2%), an average of -0.2% a year. Over the whole period it spent 95% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Corinthian Baptist Community Development Corporation sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 43rd percentile within IA. Charities of a similar size with the same main cause include Wellsville Community Foundation ($130k), East Fresno Kiwanis Foundation ($130k) and Scatter Christ Inc ($130k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 55% and program service revenue 45% of the total. At year end it held assets of $92k against liabilities of $0, net assets of $92k.