Trend Community Development Corporation

Analysis

Trend Community Development Corporation is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in November 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 (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, Trend Community Development Corporation reported income of $400k and spending of $1.3m, spending 334% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income fell from $445k to $400k (-10%), an average of -3.5% a year. The sharpest change came in the year to December 2021, when income rose by 136%. Over the whole period it spent 99% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Trend Community Development Corporation sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 66th percentile within IL. Charities of a similar size with the same main cause include School Connect ($400k), Nawbo Institute for Entrepreneurial Development ($400k) and Friends of the Finland Community ($400k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $108k (8.1% of expenses). Other salaries and wages came to $13k. At year end it held assets of $332k against liabilities of $226k, net assets of $107k. It reported 1 employees.