Fact Sheet Financial Health of Community-Based Development Organizations in the Southern United States, 2018
Lydia Lo, Corianne Payton Scally, Jesse Lecy, Shubhangi Kumari
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Nonprofit community-based development organizations 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.

This regional factsheet covers the South census region and highlights where CBDOs are concentrated by state and what the sector looks like financially in the region compared to the nation as whole.

This fact sheet was corrected on September 30, 2022. Originally, we described our unit of analysis as 5,720 unique CBDOs filing taxes in 2018, but we actually analyzed the number of tax-filing records in 2018 filed by 5,603 unique CBDOs. Some CBDOs filed more than one tax statement in 2018 (e.g., for address updates, recent tax year amendments, or within-year amendments). Numbers throughout this fact sheet are based on the correct unit of analysis and have not changed. We keep the “organization” language throughout this fact sheet because it is easier to understand, but mentions of CBDOs in this study should be interpreted as CBDO tax filings in 2018.

We adjusted language on page 1 of this fact sheet to clarify the unit of analysis.
Research and Evidence Research to Action Housing and Communities Nonprofits and Philanthropy
Expertise Thriving Cities and Neighborhoods Nonprofits and Philanthropy
Tags Housing affordability and supply National Center for Charitable Statistics data Nonprofit data and statistics Quantitative data analysis Community and economic development
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