Is Delaware Community Investment Corporation Legit?
Quick charity verification for Delaware Community Investment Corporation (EIN: 223080881)
Verdict: Delaware Community Investment Corporation shows mixed signals
65/100Mission Score
$2.2MRevenue
$8.6MAssets
2Red Flags
2Strengths
Red Flags
Revenue has shown a significant decline from $1,213,368 in 2020 to $538,858 in 2023.
Total expenses have fluctuated, with a notable increase in 2019 to $4,870,512, which is significantly higher than other years.
Strengths
Assets have remained relatively stable over the past few years, despite revenue fluctuations.
The organization consistently reports 0% compensation from related parties, indicating good governance in this area.
AI Transparency Report
Delaware Community Investment Corporation is a housing & shelter nonprofit based in Wilmington, Delaware, with reported revenue of $2.2M and assets of $8.6M. Our AI analysis assigns a Mission Score of 65/100 (Good). Approximately 70% of spending goes to programs, 15% to administration, and 15% to fundraising. • Financial statements are publicly available through IRS Form 990 filings.
• The organization consistently reports 0% compensation from related parties.
• Detailed program descriptions are somewhat limited in public filings. Executive compensation details are not explicitly provided in the available data, preventing a specific assessment of individual salaries. Revenue has grown +13% across 13 filing periods.