Overview

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Est.

1985

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

The New Kensington Community Development Corp focuses on community improvement by empowering residents and promoting resident-driven development. With an operating budget of $4.4 million and total revenue of $7.5 million for the 2024 filing year, the organization receives significant support from major funders, including VANGUARD CHARITABLE ENDOWMENT PROGRAM, LOCAL INITIATIVES SUPPORT CORPORATION, and NEIGHBORHOOD REINVESTMENT CORPORATION. Notably, no single funder contributes 50% or more of its revenue.

Mission Statement

NKCDC DRAWS ON THE STRENGTHS OF THE COMMUNITY TO EMPOWER RESIDENTS AND PROMOTE RESIDENT DRIVEN DEVELOPMENT.
Revenues
$7.5M
Expenses
$4.6M
Net Income:
+$2.9M
Assets
$13.9M
Liabilities
$4.2M
Net Assets:
+$9.6M
Operating Budget
$4.4M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
10
Median grant size
$113.2K
Largest grant received
$1.6M
W
William McKinney
Board Member
F
Frank Iannuzzi
Board Member
R
Ralph Whitfield
Board Member

Frequently Asked Questions

What is New Kensington Community Development Corp’s budget?
In 2024, New Kensington Community Development Corp reported an annual operating budget of around $4.4 million. More detailed financial information is available to registered users.
What causes does New Kensington Community Development Corp support?
New Kensington Community Development Corp supports work in Community improvement.
Where does New Kensington Community Development Corp operate?
New Kensington Community Development Corp is headquartered in Philadelphia, PA.
Who funded New Kensington Community Development Corp recently?
In 2025, New Kensington Community Development Corp received grants from PHILADELPHIA CITY FUND INC, CHARITIES AID FOUNDATION AMERICA, and PHILADELPHIA CITY FUND INC. More information on this organization’s funders is available to registered users.
What is the largest grant New Kensington Community Development Corp received in 2024?
The largest grant to New Kensington Community Development Corp in 2024 exceeds $1.6 million.
What is New Kensington Community Development Corp’s reliance on government grants?
New Kensington Community Development Corp relied on government grants for more than 70% of their total revenue in 2024.