North Hill Community Development Corporation

Analysis

North Hill Community Development Corporation is a registered charity in United States, based in Akron, OH. It received its IRS tax-exemption ruling in August 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, North Hill Community Development Corporation reported income of $353k and spending of $321k, spending 91% of its income. Across the 4 years on record, from December 2020 to December 2023, income fell from $407k to $353k (-13%), an average of -4.7% a year. The sharpest change came in the year to December 2021, when income rose by 77%. Over the whole period it spent 82% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, North Hill Community Development Corporation sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 64th percentile within OH. Charities of a similar size with the same main cause include Seedleaf Inc ($352k), Jazz District Renaissance Corporation ($353k) and Bisbee Coalition for the Homeless ($352k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 86% and program service revenue 6.4% of the total. Other salaries and wages came to $116k. At year end it held assets of $468k against liabilities of $9,674, net assets of $458k. It reported 4 employees.