Central Area Community Development Association

Analysis

Central Area Community Development Association is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in July 1994, 32 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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, Central Area Community Development Association reported income of $172k and spending of $281k, spending 163% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income fell from $251k to $172k (-31%), an average of -7.2% a year. The sharpest change came in the year to December 2022, when income rose by 271%. Over the whole period it spent 120% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Central Area Community Development Association sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 47th percentile within WA. Charities of a similar size with the same main cause include American Youth Football Inc ($172k), Sickle Cell Disease Association of America Inc Northwest LA Chapter ($172k) and Cascade Foothills Soccer Club ($172k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 21% and program service revenue 75% of the total. Compensation of current officers, directors and key employees was $42k (15% of expenses). Other salaries and wages came to $8,449. At year end it held assets of $914k against liabilities of $1.0m, net assets of -$112k.