Community Capacity Development Inc

Analysis

Community Capacity Development Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in March 2019, 7 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 June 2023, Community Capacity Development Inc reported income of $3.6m and spending of $3.5m, spending 99% of its income. Across the 3 years on record, from June 2020 to June 2023, income grew from $394k to $3.6m (+807%), an average of +201% a year. The sharpest change came in the year to June 2021, when income rose by 250%. Over the whole period it spent 97% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Community Capacity Development Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 87th percentile within NY. Charities of a similar size with the same main cause include Employment Enterprises Inc ($3.6m), Hampton Roads Economic Development Alliance ($3.6m) and City Heights Community Development Corporation ($3.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $2.3m. At year end it held assets of $455k against liabilities of $400k, net assets of $55k. It reported 53 employees.