Nonprofit community-based development organizations, or 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 to maintain their tax-exempt status. It examines sector funding flows, leverage, and liquidity by organizational size, geographic region, and real estate holdings.

This technical report covers the steps taken to create the study universe, describes the data sources and financial health metric construction, and provides full tables of descriptive statistics.