Pops Passion Community Development Corporation CDC Inc

Analysis

Pops Passion Community Development Corporation CDC Inc is a registered charity in United States, based in Charlotte, NC. It received its IRS tax-exemption ruling in January 2021, 5 years ago. Its declared purposes cover education, which this site groups under education and training. 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 December 2023, Pops Passion Community Development Corporation CDC Inc reported income of $262k and spending of $256k, spending 98% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $96k to $262k (+173%), an average of +173% a year. The sharpest change came in the year to December 2023, when income rose by 173%. Over the whole period it spent 105% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Pops Passion Community Development Corporation CDC Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 57th percentile within NC. Charities of a similar size with the same main cause include Heritage Christian Academy of North Idaho Inc ($262k), Ema Foundation for Paper-Based Communications ($262k) and Grassfield Band Parent Association Inc ($262k).

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 $78k (30% of expenses). Other salaries and wages came to $4,620. At year end it held assets of $7,110 against liabilities of $0, net assets of $7,110.