Housing & Shelter
(L20)
IRS Verified
DX Registered
990 on File
COMMUNITY ECONOMIC DEVELOPMENT CORPORATION
Financial strength (30%)
42/100
Reliability (20%)
40/100
Effectiveness (25%)
83/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Mission Statement
Improve, develop, and stabilize neighborhoods in Los Angeles through the promotion of community and economic development activities and to engage in neighborhood development services that address critical needs of targeted populations (i.e., youth and seniors)
Financial Overview — FY 2024
$501K
Total Revenue
$463K
Total Expenses
$57K
Net Assets
0
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
100.0%
Fundraising Efficiency
N/A
Operating Reserve
1.49x
Liability-to-Asset
97.7%
Revenue Diversification
100.0%
Executive Compensation
$60K
Compared with Peers
FY 2024
Compared with 5,473 similar organizations
(United States, Housing & Shelter, $100K–$1M in expenses), FY 2024.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
100.0% | 87.3% |
P10P90
|
Top quarter |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
0.0% | 11.7% |
P10P90
|
Top quarter |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
0.0% | 0.0% |
P10P90
|
Top quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
1.5 mo | 13.6 mo |
P10P90
|
Below median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
97.7% | 25.2% |
P10P90
|
Below median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
100.0% | 91.7% |
P10P90
|
Bottom quarter |
|
Surplus margin
Surplus as a share of revenue
|
7.5% | -6.8% |
P10P90
|
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