Concerned Communities for America Inc

Analysis

Concerned Communities for America Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in June 2022, 4 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 December 2023, Concerned Communities for America Inc reported income of $333k and spending of $361k, spending 108% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $742k to $333k (-55%), an average of -55% a year. The sharpest change came in the year to December 2023, when income dropped by 55%. Over the whole period it spent 100% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Concerned Communities for America Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 37th percentile within DC. Charities of a similar size with the same main cause include Friends of Southern Ohio ($333k), Jus Cogens ($333k) and Volunteer Center of East Central Wisconsin Inc ($333k).

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 $162k (45% of expenses). At year end it held assets of $4,436 against liabilities of $0, net assets of $4,436. It reported 7 employees.