Community Development Technologies Center

Analysis

Community Development Technologies Center is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in December 1995, 31 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 June 2023, Community Development Technologies Center reported income of $4.0m and spending of $3.1m, leaving 22% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.7m to $4.0m (+135%), an average of +24% a year. The sharpest change came in the year to June 2022, when income rose by 96%. Over the whole period it spent 87% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Community Development Technologies Center sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 91st percentile within CA. Charities of a similar size with the same main cause include WC Workshop Inc ($4.0m), Community Alliance of the Far Eastside Inc ($4.0m) and Sustainable Economic Enterprises of Los Angeles ($4.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $156k (5.0% of expenses). Other salaries and wages came to $2.1m. At year end it held assets of $2.8m against liabilities of $222k, net assets of $2.6m. It reported 151 employees.