CSCharityScored
52

Friendship Community Development Corp

Community Development · Charlotte, North Carolina

3239 Beatties Ford Rd, Charlotte, NC 28216-3735

EIN: 562267077· Founded: Jul 2004· 22 years active· Filing Year: 2023

Annual Revenue

$724K

Total Expenses

$896K

Total Assets

$1.7M

Program Spending

43%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$101K

11.3% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

$327K

Total Payroll

$428K

48% of total expenses

Where the Money Goes

43%
Programs: 43%
Payroll: 48%
Other overhead: 57%
Program Revenue$382K (53%)
Total Expenses$896K (100%)
Payroll$428K (48%)
Overhead (non-program)57%

Trust Score Breakdown

Program Spending Ratio

43% of expenses go to programs

40%

Revenue & Stability

$724K annual revenue

15%

Executive Compensation

$101K total officer comp (11.3% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$1.7M in assets

10%

Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.