Stockton Blvd Community Development Corporation

Analysis

Stockton Blvd Community Development Corporation is a registered charity in United States, based in Sacramento, CA. It received its IRS tax-exemption ruling in May 2017, 9 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, Stockton Blvd Community Development Corporation reported income of $51k and spending of $57k, spending 110% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $21k to $51k (+143%), an average of +143% a year. The sharpest change came in the year to December 2023, when income rose by 143%. Over the whole period it spent 121% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Stockton Blvd Community Development Corporation sits at the 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 22nd percentile within CA. Charities of a similar size with the same main cause include On Light Aurora ($51k), Burleigh Street Community Development Corporation Inc ($51k) and Morrison Community Development Association ($51k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 81% of the total. At year end it held assets of $68k against liabilities of $0, net assets of $68k.