Grand Avenue Ecdc Housing Inc

Analysis

Grand Avenue Ecdc Housing Inc is a registered charity in United States, based in Orlando, FL. It received its IRS tax-exemption ruling in July 2003, 23 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 2024, Grand Avenue Ecdc Housing Inc reported income of $94k and spending of $161k, spending 171% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $85k to $94k (+10%), an average of +2.4% a year. Over the whole period it spent 158% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Grand Avenue Ecdc Housing Inc sits at the 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 39th percentile within FL. Charities of a similar size with the same main cause include Hope Housing of Green Country Inc ($94k), Oak Place Inc ($94k) and New Lyfe Homes ($94k).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 98% of the total. Other salaries and wages came to $8,907. At year end it held assets of $1.1m against liabilities of $1.8m, net assets of -$728k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.