Tanner Community Development Corporation

Analysis

Tanner Community Development Corporation is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in August 2001, 25 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 2023, Tanner Community Development Corporation reported income of $965k and spending of $1.0m, spending 106% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income grew from $692k to $965k (+39%), an average of +6.9% a year. The sharpest change came in the year to December 2020, when income rose by 287%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Tanner Community Development Corporation sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 76th percentile within AZ. Charities of a similar size with the same main cause include Petsmart Associate Assistance Foundation ($965k), Oregon Ffa Foundation ($965k) and The Center for Responsible Seafood Inc ($965k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% and program service revenue 3.2% of the total. Compensation of current officers, directors and key employees was $78k (7.6% of expenses). Other salaries and wages came to $466k. At year end it held assets of $519k against liabilities of $16k, net assets of $503k. It reported 16 employees.