Erie Dawn Inc

Analysis

Erie Dawn Inc is a registered charity in United States, based in Erie, PA. It received its IRS tax-exemption ruling in September 2020, 6 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, Erie Dawn Inc reported income of $415k and spending of $553k, spending 133% of what it took in. Across the 3 years on record, from June 2021 to June 2023, income fell from $602k to $415k (-31%), an average of -17% a year. The sharpest change came in the year to June 2023, when income dropped by 25%. 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, Erie Dawn Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 65th percentile within PA. Charities of a similar size with the same main cause include Our Neighbors Inc ($415k), Cedarcrest Housing Corporation ($415k) and Kalamazoo Collective Housing ($414k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 87% of the total. Compensation of current officers, directors and key employees was $78k (14% of expenses). Other salaries and wages came to $189k. At year end it held assets of $772k against liabilities of $115k, net assets of $657k. It reported 9 employees.