Yellow Springs Community Development Corporation

Analysis

Yellow Springs Community Development Corporation is a registered charity in United States, based in Yellow SPGS, OH. It received its IRS tax-exemption ruling in April 2020, 6 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, Yellow Springs Community Development Corporation reported income of $104k and spending of $34k, leaving 68% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income fell from $473k to $104k (-78%), an average of -40% a year. The sharpest change came in the year to December 2023, when income rose by 2121%. Over the whole period it spent 83% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Yellow Springs Community Development Corporation sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 38th percentile within OH. Charities of a similar size with the same main cause include Institute for Work and the Economy a Not-For-Profit Corporation ($104k), Go Collaberative ($104k) and Wild Bird Charity ($104k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $115k against liabilities of $102, net assets of $115k.