Waco Community Development Corporation
Only null% goes to programs
Waco Community Development Corporation is a 501(c)(3) organization based in Waco, Texas, registered in 2001, with $754,856 in FY2024 revenue. CharityIndex grades it C+.
1624 Colcord Ave, Waco, TX, 76707 EIN 74-2995407 Since 2001
Revenue (FY2024)
$755K
▼ 19.6% vs prior year
Community median: $184K
Expenses (FY2024)
$842K
Net assets
$272K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
—Program efficiency40% of the ratingNo expense breakdown in filings
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 Waco 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 →
C+Financial health25% of the rating4 mo reserves · -12% margin
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 Waco Community Development Corporation: 4 mo reserves · -12% margin earns a C+ on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
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 Waco 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 →
CTransparency10% of the rating2 of 5 disclosure signals
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 Waco Community Development Corporation: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
- Address
- 1624 Colcord Ave, Waco, TX, 76707
- City
- Waco
- State
- Texas
- Subcategory
- Community & Neighborhood Development
- Website
- …
Financial trends
Revenue grew from $308K (FY2013) to $755K (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $961KNet assets $272K
Operating margin
-11.6%
Spent more than it raised in the latest fiscal year.
Total assets
$1.2M
Total liabilities
$961K
Net assets
$272K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $754,856▼19.6% | $842,289▼9.2% | $271,594▼14.5% | $1,232,487▲6.3% | 990 |
| 2023 | $938,660▲15.9% | $927,224▲35.9% | $317,548▲31.0% | $1,158,902▼1.7% | 990 |
| 2022 | $810,101▲14.6% | $682,250▼3.2% | $242,370▲112% | $1,178,684▲34.3% | 990 |
| 2021 | $706,831▲26.4% | $704,444▲26.7% | $114,519▲14.6% | $877,583▼17.3% | 990 |
| 2020 | $559,277▼2.9% | $555,914▼1.9% | $99,929▲22.0% | $1,061,502▲66.1% | 990 |
| 2019 | $575,928▲1.8% | $566,746▲0.6% | $81,877▲12.6% | $639,208▲1.3% | 990 |
| 2018 | $565,651▲65.4% | $563,623▲41.1% | $72,695▲2.9% | $631,004▼11.1% | 990 |
| 2017 | $342,012▲21.5% | $399,313▲14.3% | $70,667▼14.9% | $709,415▲10.5% | 990 |
| 2016 | $281,536▼21.7% | $349,253▲6.9% | $83,027▼44.9% | $641,746▲16.2% | 990 |
| 2015 | $359,390▼0.4% | $326,856▼11.3% | $150,744▲27.5% | $552,386▼30.0% | 990 |
| 2014 | $360,930▲17.1% | $368,676▼20.6% | $118,210▼6.1% | $788,676▼8.0% | 990 |
| 2013 | $308,168 | $464,527▼7.9% | $125,956▼55.4% | $856,933▼15.3% | 990 |
| 2012 | — | $504,099▼3.8% | $282,315▲12.7% | $1,011,545▼5.5% | 990 |
| 2011 | — | $523,987▲13.2% | $250,587▼15.9% | $1,070,335▼6.2% | 990 |
| 2010 | — | $463,036 | $297,887 | $1,141,184 | 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.
Grants received · $26K total
3 grants to Waco Community Development Corporation totaling $26K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Texas State Affordable Housing Corporation | Critical home repairs | 2023 | $10,000 |
| Texas State Affordable Housing Corporation | Critical home repairs | 2022 | $10,000 |
| Baylor University | Students participated in a university philanthropy lab course which teaches students about philanthropy, nonprofits and the third sector. students were required to research and direct contributions to 501(c)(3) non-profits; sponsorship | 2015 | $6,000 |
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Frequently asked questions
- Is Waco Community Development Corporation a legitimate nonprofit?
- Yes. Waco Community Development Corporation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 74-2995407, based in Waco, Texas. Donations are tax-deductible.
- What is Waco Community Development Corporation's EIN?
- Waco Community Development Corporation's Employer Identification Number (EIN) is 74-2995407.
- How much revenue does Waco Community Development Corporation report?
- Waco Community Development Corporation reported $754,856 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Waco Community Development Corporation have?
- CharityIndex grades Waco Community Development Corporation C+, based on financial health (reserves and operating margin).
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Data for Waco Community Development Corporation (EIN 74-2995407) 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.