Enon-Toland Germantown Development Corporation

Analysis

Enon-Toland Germantown Development Corporation is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in January 1988, 38 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Enon-Toland Germantown Development Corporation reported income of $350k and spending of $395k, spending 113% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income fell from $361k to $350k (-3.1%), an average of -1.0% a year. Over the whole period it spent 98% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Enon-Toland Germantown Development Corporation sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 62nd percentile within PA. Charities of a similar size with the same main cause include Good Samaritan League Inc ($350k), Mesa Senior Meadows ($350k) and Gethsemane Manor Housing Development Fund Company Inc ($350k).

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 $94k. At year end it held assets of $791k against liabilities of $988k, net assets of -$197k. It reported 12 employees.