Greater Easton Development Partnership

Analysis

Greater Easton Development Partnership is a registered charity in United States, based in Easton, PA. It received its IRS tax-exemption ruling in April 1993, 33 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic 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 March 2023, Greater Easton Development Partnership reported income of $3.2m and spending of $3.6m, spending 113% of what it took in. Across the 5 years on record, from December 2019 to March 2023, income grew from $2.4m to $3.2m (+33%), an average of +7.4% a year. The sharpest change came in the year to March 2021, when income rose by 331%. Over the whole period it spent 102% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Greater Easton Development Partnership sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 88th percentile within PA. Charities of a similar size with the same main cause include Lilley Cares ($3.2m), Camden Special Services District Inc ($3.2m) and Restorative Justice for Oakland Youth ($3.2m).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 55% and program service revenue 35% of the total. Compensation of current officers, directors and key employees was $103k (2.8% of expenses). Other salaries and wages came to $716k. It paid $64k in professional fundraising fees. At year end it held assets of $6.8m against liabilities of $2.2m, net assets of $4.5m. It reported 38 employees.