Eastern Orthodox Management Corp

Analysis

Eastern Orthodox Management Corp is a registered charity in United States, based in Worcester, MA. It received its IRS tax-exemption ruling in April 1994, 32 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Eastern Orthodox Management Corp reported income of $13.3m and spending of $15.0m, spending 112% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $9.8m to $13.3m (+36%), an average of +7.9% a year. The sharpest change came in the year to December 2021, when income rose by 16%. Over the whole period it spent 99% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Eastern Orthodox Management Corp sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 95th percentile within MA. Charities of a similar size with the same main cause include Boys Hope Girls Hope ($13.3m), Boys and Girls Clubs of Greater Houston Inc ($13.4m) and Girl Scouts San Diego-Imperial Council Inc ($13.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.4% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $223k (1.5% of expenses). Other salaries and wages came to $7.9m. At year end it held assets of $20.4m against liabilities of $6.5m, net assets of $13.9m. It reported 244 employees.