Mount Ephraim Community Development Corporation

Analysis

Mount Ephraim Community Development Corporation is a registered charity in United States, based in Uppr Marlboro, MD. It received its IRS tax-exemption ruling in July 2012, 14 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 (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, Mount Ephraim Community Development Corporation reported income of $1.4m and spending of $1.1m, spending 83% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $862k to $1.4m (+58%), an average of +12% a year. The sharpest change came in the year to December 2022, when income rose by 58%. Over the whole period it spent 92% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Mount Ephraim Community Development Corporation sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 81st percentile within MD. Charities of a similar size with the same main cause include Seaview Lutheran Plaza Inc ($1.4m), Edinburgh Square Foundation ($1.4m) and Hospitality Homes Inc ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 52% and program service revenue 48% of the total. Other salaries and wages came to $710k. At year end it held assets of $2.4m against liabilities of $1.4m, net assets of $998k. It reported 17 employees.