Making a Change CDC and Housing Services

Analysis

Making a Change CDC and Housing Services is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in June 2018, 8 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, Making a Change CDC and Housing Services reported income of $117k and spending of $100k, spending 86% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $105k to $117k (+11%), an average of +11% a year. Over the whole period it spent 88% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Making a Change CDC and Housing Services sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 43rd percentile within CA. Charities of a similar size with the same main cause include Institute of Transportation Engineers North Carolina Section ($117k), Minnesota Workers Compensation Symposium ($117k) and El Puente Hispano ($117k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $23k against liabilities of $37k, net assets of -$13k.