Eden Gardens Community Association

Analysis

Eden Gardens Community Association is a registered charity in United States, based in Detroit, MI. It received its IRS tax-exemption ruling in January 2013, 13 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 December 2023, Eden Gardens Community Association reported income of $118k and spending of $12k, leaving 89% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $38k to $118k (+210%), an average of +210% a year. The sharpest change came in the year to December 2023, when income rose by 210%. Over the whole period it spent 18% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Eden Gardens Community Association sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 41st percentile within MI. Charities of a similar size with the same main cause include Town of Ross Property Owners Association ($118k), Ferndale Downtown Developmentassociation ($118k) and Earth Rising Inc ($118k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $245k against liabilities of $0, net assets of $245k.