Movement Community Development Corporation

Analysis

Movement Community Development Corporation is a registered charity in United States, based in Coatesville, PA. It received its IRS tax-exemption ruling in July 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, Movement Community Development Corporation reported income of $206k and spending of $572k, spending 278% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $527k to $206k (-61%), an average of -38% a year. The sharpest change came in the year to December 2023, when income dropped by 67%. Over the whole period it spent 86% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Movement Community Development Corporation sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 52nd percentile within PA. Charities of a similar size with the same main cause include Rural Development Leadership Network Inc ($206k), Muncie Land Bank Inc ($206k) and Eastern Sierra Artists ($206k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $124k. At year end it held assets of $216k against liabilities of $0, net assets of $216k.