Roosevelt County Community Development Corporation

Analysis

Roosevelt County Community Development Corporation is a registered charity in United States, based in Portales, NM. It received its IRS tax-exemption ruling in December 2003, 23 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 June 2022, Roosevelt County Community Development Corporation reported income of $126k and spending of $188k, spending 150% of what it took in. Across the 3 years on record, from June 2020 to June 2022, income grew from $125k to $126k (+0.6%), an average of +0.3% a year. Over the whole period it spent 129% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Roosevelt County Community Development Corporation sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 39th percentile within NM. Charities of a similar size with the same main cause include Mojo in the Morning Breaking and Entering ($125k), Project 1590 Inc ($126k) and American Academy of Pediatrics Hawaii Chapter Inc ($125k).

On its Form 990 for the period ending June 2022, revenue came from contributions and grants 83% of the total. Other salaries and wages came to $65k. It paid $2,547 in professional fundraising fees. At year end it held assets of $248k against liabilities of $17k, net assets of $231k.