Point Community Development Corporation is a 501(c)(3) organization based in Bronx, New York, registered in 1995, with $3,367,041 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$3.4M
▲ 72.9% vs prior year
Unknown median: $232K
Expenses (FY2024)
$2.3M
Net assets
$2.5M
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Point Community Development Corporation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Point Community Development Corporation: 13 mo reserves · +31% margin earns a A on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Point Community Development Corporation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Point Community Development Corporation: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $1.6M (FY2020) to $3.4M (FY2024) across 5 reported years.
Financial snapshot
Operating margin
31.4%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$2.7M
Total liabilities
$223K
Net assets
$2.5M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $3,367,041▲72.9% | $2,310,650▲15.7% | $2,505,963▲72.9% | $2,729,089▲65.8% | 990 |
| 2023 | $1,947,743▼2.2% | $1,996,634▲16.0% | $1,449,572▼3.3% | $1,645,987▲4.5% | 990 |
| 2022 | $1,991,358▼2.8% | $1,721,091▲16.1% | $1,498,463▲22.0% | $1,575,008▲21.0% | 990 |
| 2021 | $2,049,500▲24.8% | $1,483,025▼9.5% | $1,228,196▲85.6% | $1,301,305▲46.5% | 990 |
| 2020 | $1,641,585 | $1,638,506 | $661,721 | $888,259 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
28 grants to Point Community Development Corporation totaling $2.2M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Tides Foundation | Healthy individuals and communities | 2024 | $70,604 |
| Tides Center | Healthy individuals and communities | 2024 | $59,100 |
| Hispanic Federation Inc | Ctc eitc | 2024 | $10,000 |
| The New York Community Trust | For general support. | 2024 | $6,000 |
| National Philanthropic Tr | Human services | 2023 | $1,000,000 |
| The New York Community Trust | For program support. | 2023 | $150,000 |
| United Way of New York City | Change capital fund - change capital fund the change capital fund (ccf) is a collaboration of philanthropic foundations and financial institutions that pool funds to invest in community development efforts across new york city. ccf began funding community development corporations towards the goal of more effectively reducing persistent and chronic poverty. each participating nonprofit organization will be funded over four years and receive technical assistance support towards the goal of building internal capacity for multi-disciplinary practices and improved outcomes tracking systems, and developing more effective business models. | 2023 | $50,000 |
| Tides Foundation | Healthy individuals and communities | 2023 | $49,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $30,500 |
| Tides Center | Equity, human rights, and economic empowerment | 2022 | $118,200 |
| Tides Center | Equity, human rights, and economic empowerment | 2022 | $118,200 |
| Tides Foundation | Healthy individuals and communities | 2022 | $49,000 |
| Tides Foundation | Healthy individuals and communities | 2022 | $49,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2022 | $30,000 |
| Amalgamated Charitable Foundation Inc | General operating support | 2022 | $29,000 |
Explore more
Data for Point Community Development Corporation (EIN 13-3765140) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.