Community Bible Community Development Corporation

Analysis

Community Bible Community Development Corporation is a registered charity in United States, based in Pasadena, CA. It received its IRS tax-exemption ruling in January 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Community Bible Community Development Corporation reported income of $508k and spending of $1.9m, spending 373% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $527k to $508k (-3.5%), an average of -0.9% a year. The sharpest change came in the year to December 2020, when income rose by 1125%. Over the whole period it spent 88% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Community Bible Community Development Corporation sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 72nd percentile within CA. Charities of a similar size with the same main cause include Bccap-Sh Inc ($508k), Ahepa 110-11 Inc ($508k) and Promise Cares ($508k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 44% of the total. Compensation of current officers, directors and key employees was $251k (13% of expenses). Other salaries and wages came to $219k. At year end it held assets of $7.0m against liabilities of $7,375, net assets of $6.9m. It reported 5 employees.