Community Services Agency Development Corporation

Analysis

Community Services Agency Development Corporation is a registered charity in United States, based in Reno, NV. It received its IRS tax-exemption ruling in February 1993, 33 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 March 2023, Community Services Agency Development Corporation reported income of $2.3m and spending of $1.0m, leaving 54% of income unspent that year. Across the 5 years on record, from March 2019 to March 2023, income grew from $931k to $2.3m (+142%), an average of +25% a year. The sharpest change came in the year to March 2022, when income rose by 478%. Over the whole period it spent 26% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Community Services Agency Development Corporation sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 89th percentile within NV. Charities of a similar size with the same main cause include Tanya Towers Inc ($2.3m), The Neighbor Project ($2.3m) and Jeanne D Arc Manor ($2.3m).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 34% of the total. Other salaries and wages came to $174k. At year end it held assets of $16.4m against liabilities of $857k, net assets of $15.6m.