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, Urban Institute has published a new study, The Financial Health of Community-Based Development Organizations, which 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.
Join the College of Education and Public Affairs at Cleveland State University for a conversation with members of the Urban Institute as they discuss the findings of the study. Urban Institute is a leading research organization dedicated to developing evidence-based insights that improve people’s lives and strengthen communities. For 50 years, Urban has been the trusted source for rigorous analysis of complex social and economic issues; strategic advice to policymakers, philanthropists, and practitioners; and new, promising ideas that expand opportunities for all.