Community Development Inc
Analysis
Community Development Inc is a registered charity in United States, based in Garden City, ID. It received its IRS tax-exemption ruling in October 1994, 32 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Community Development Inc reported income of $10.0m and spending of $19.5m, spending 195% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $6.7m to $10.0m (+50%), an average of +11% a year. The sharpest change came in the year to December 2021, when income rose by 148%. Over the whole period it spent 108% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, Community Development Inc sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 97th percentile within ID. Charities of a similar size with the same main cause include Muslim Community Center Incorporate ($9.9m), Haven of Our Lady of Peace Inc ($10.1m) and Launch Global ($9.9m).
On its Form 990 for the period ending December 2023, revenue came from program service revenue 80% of the total. Compensation of current officers, directors and key employees was $464k (2.4% of expenses). Other salaries and wages came to $2.1m. At year end it held assets of $53.7m against liabilities of $35.0m, net assets of $18.7m. It reported 8 employees.
Income and spending
Where the income comes from
- Program services 80%
- Other 20%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Muslim Community Center Incorporate | Chicago | $9.9m |
| Haven of Our Lady of Peace Inc | Saint Louis | $10.1m |
| Launch Global | Dallas | $9.9m |
| Desiring God Ministries | Minneapolis | $10.1m |