Cedc Incorporated

Analysis

Cedc Incorporated is a registered charity in United States, based in Hempstead, NY. It received its IRS tax-exemption ruling in March 1982, 44 years ago. 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 June 2023, Cedc Incorporated reported income of $313k and spending of $258k, spending 82% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $330k to $313k (-5.2%), an average of -1.3% a year. The sharpest change came in the year to June 2022, when income rose by 41%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Cedc Incorporated sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 59th percentile within NY. Charities of a similar size with the same main cause include Friends of Short Avenue ($313k), Covina Vikings Youth Football Organization ($313k) and Niibi Center ($313k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $27k. At year end it held assets of $1.1m against liabilities of $24k, net assets of $1.1m. It reported 2 employees.