Community Aid & Development Corporation

Analysis

Community Aid & Development Corporation is a registered charity in United States, based in Decatur, GA. It received its IRS tax-exemption ruling in September 1980, 46 years ago. 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 2022, Community Aid & Development Corporation reported income of $1.2m and spending of $758k, leaving 37% of income unspent that year. Across the 4 years on record, from December 2019 to December 2022, income grew from $529k to $1.2m (+127%), an average of +31% a year. The sharpest change came in the year to December 2022, when income rose by 156%. Over the whole period it spent 66% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Community Aid & Development Corporation sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 84th percentile within GA. Charities of a similar size with the same main cause include Fountain Theatre ($1.2m), J Sylvester & Walter Lacy Mullen Memorial Charitable Trust B ($1.2m) and Victory House of Lehigh Valley ($1.2m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 91% and program service revenue 9.1% of the total. At year end it held assets of $1.3m against liabilities of $0, net assets of $1.3m.