Fort Wayne-Allen County Economic Development Alliance Inc

Analysis

Fort Wayne-Allen County Economic Development Alliance Inc is a registered charity in United States, based in Fort Wayne, IN. It received its IRS tax-exemption ruling in October 2000, 26 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 supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Fort Wayne-Allen County Economic Development Alliance Inc reported income of $1.8m and spending of $1.6m, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.0m to $1.8m (+70%), an average of +14% a year. The sharpest change came in the year to December 2023, when income rose by 63%. Over the whole period it spent 90% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Fort Wayne-Allen County Economic Development Alliance Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 86th percentile within IN. Charities of a similar size with the same main cause include Westcott Community Center Inc ($1.8m), Desert Survivors Inc ($1.8m) and Building Pathways Inc ($1.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 50% and program service revenue 49% of the total. At year end it held assets of $1.9m against liabilities of $213k, net assets of $1.6m.