Ecia Business Growth Inc

Analysis

Ecia Business Growth Inc is a registered charity in United States, based in Dubuque, IA. It received its IRS tax-exemption ruling in August 1984, 42 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Ecia Business Growth Inc reported income of $304k and spending of $313k, spending 103% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $271k to $304k (+12%), an average of +2.9% a year. The sharpest change came in the year to June 2021, when income rose by 554%. Over the whole period it spent 48% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Ecia Business Growth Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 63rd percentile within IA. Charities of a similar size with the same main cause include Silos Community Service Inc ($304k), Central Appalachian Rural Investment Corporation ($304k) and North Liberty Community Betterment Group ($304k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.0% and program service revenue 100% of the total. At year end it held assets of $4.9m against liabilities of $575k, net assets of $4.3m.