Attleboro Enterprises Development Corporation Inc

Analysis

Attleboro Enterprises Development Corporation Inc is a registered charity in United States, based in North Attleboro, MA. It received its IRS tax-exemption ruling in October 1998, 28 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Attleboro Enterprises Development Corporation Inc reported income of $150k and spending of $141k, spending 94% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $143k to $150k (+4.7%), an average of +1.5% a year. Over the whole period it spent 94% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Attleboro Enterprises Development Corporation Inc sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 52nd percentile within MA. Charities of a similar size with the same main cause include Lewiston Meadows Elderly Housingdevelopment Fund Corporation ($150k), Lifetree Foundation Inc ($150k) and One Voice Shelter Coalition ($150k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $954k against liabilities of $946k, net assets of $8,042.