CCRC Inc

Analysis

CCRC Inc is a registered charity in United States, based in Brimhall, NM. It received its IRS tax-exemption ruling in December 1977, 49 years ago. Its declared purposes cover employment, which this site groups under community and economic development. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, CCRC Inc reported income of $3.3m and spending of $3.2m, spending 98% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $5.4m to $3.3m (-39%), an average of -12% a year. The sharpest change came in the year to June 2022, when income dropped by 30%. Over the whole period it spent 95% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, CCRC Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 91st percentile within NM. Charities of a similar size with the same main cause include Missouri Jobs with Justice ($3.3m), Oakland LGBTQ Community Center Inc ($3.3m) and Newark Development Partners ($3.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 30% and program service revenue 70% of the total. Compensation of current officers, directors and key employees was $139k (4.3% of expenses). Other salaries and wages came to $1.9m. At year end it held assets of $5.2m against liabilities of $548k, net assets of $4.6m. It reported 95 employees.