East Wayne Street Center Inc

Analysis

East Wayne Street Center Inc is a registered charity in United States, based in Fort Wayne, IN. It received its IRS tax-exemption ruling in April 1984, 42 years ago. Its declared purposes cover education, which this site groups under education and training. 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 October 2023, East Wayne Street Center Inc reported income of $152k and spending of $288k, spending 190% of what it took in. Across the 5 years on record, from October 2019 to October 2023, income fell from $248k to $152k (-39%), an average of -12% a year. The sharpest change came in the year to October 2023, when income dropped by 61%. Over the whole period it spent 112% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, East Wayne Street Center Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 46th percentile within IN. Charities of a similar size with the same main cause include Mineola Isd Education Foundation ($152k), Infinitely More ($152k) and LT Todd Wesley Krodle Memorial Foundation ($152k).

On its Form 990 for the period ending October 2023, revenue came from contributions and grants 73% of the total. Compensation of current officers, directors and key employees was $83k (29% of expenses). Other salaries and wages came to $61k. At year end it held assets of $391k against liabilities of $62k, net assets of $329k. It reported 6 employees.