Fact Sheet

The Financial Health of Community-Based Development Organizations

State and Metropolitan Statistical Area Fact Sheets

Nonprofit community-based development organizations (CBDOs) work in low-income communities and communities of color to implement development projects, such as affordable housing and community facilities, and provide programs and activities that meet community needs. They need financial resiliency and sustainability to ensure they can continue to serve their missions in their communities.

To better understand the financial characteristics and health of the nonprofit CBDO sector today and over time, this study is the first to link CBDOs to their financial data reported to the Internal Revenue Service (IRS) to maintain their tax-exempt status. It examines sector funding flows, leverage, and liquidity by organizational size, geographic region, and real estate holdings.

The fact sheets in this publication report on average financial characteristics and financial metric scores for organizations within each state and the District of Columbia and select metropolitan statistical areas containing at least 10 CBDOs.

These fact sheets provide a more localized picture of CBDOs to help stakeholders—such as investors, technical assistance providers, and policymakers—assess financial strengths to build on and gaps to fill. Although these data are useful for these purposes, they should be treated as estimates because of limitations in how this study identified CBDOs and the inability to connect the data with comprehensive service areas.