Easter Seals Delaware & Marylands Eastern Shore Inc

Analysis

Easter Seals Delaware & Marylands Eastern Shore Inc is a registered charity in United States, based in New Castle, DE. It received its IRS tax-exemption ruling in April 1951, 75 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 August 2023, Easter Seals Delaware & Marylands Eastern Shore Inc reported income of $30.0m and spending of $26.6m, spending 89% of its income. Across the 5 years on record, from August 2019 to August 2023, income fell from $56.0m to $30.0m (-46%), an average of -14% a year. The sharpest change came in the year to August 2021, when income dropped by 49%. Over the whole period it spent 94% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Easter Seals Delaware & Marylands Eastern Shore Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within DE. Charities of a similar size with the same main cause include Orleans Community Health ($30.0m), Castle Family Health Centers Inc ($30.1m) and Eastway Corporation ($29.9m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 12% and program service revenue 86% of the total. Compensation of current officers, directors and key employees was $682k (2.6% of expenses). Other salaries and wages came to $14.0m. At year end it held assets of $54.7m against liabilities of $5.6m, net assets of $49.0m. It reported 606 employees.