Flourish Community Development Corporation

Analysis

Flourish Community Development Corporation is a registered charity in United States, based in Springfield, MO. It received its IRS tax-exemption ruling in May 2021, 5 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 2022, Flourish Community Development Corporation reported income of $179k and spending of $214k, spending 119% of what it took in. Across the 2 years on record, from December 2021 to December 2022, income fell from $779k to $179k (-77%), an average of -77% a year. The sharpest change came in the year to December 2022, when income dropped by 77%. Over the whole period it spent 40% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Flourish Community Development Corporation sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 48th percentile within MO. Charities of a similar size with the same main cause include A Place for Hope Recovery and Wellness Center Inc ($179k), Men and Families Center Inc ($179k) and Achieva Foundation Corporation ($179k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 89% and program service revenue 8.7% of the total. Other salaries and wages came to $99k. At year end it held assets of $574k against liabilities of $1,431, net assets of $573k. It reported 4 employees.