Ebed Community Improvement Inc

Analysis

Ebed Community Improvement Inc is a registered charity in United States, based in Uppr Marlboro, MD. It received its IRS tax-exemption ruling in May 2002, 24 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 June 2023, Ebed Community Improvement Inc reported income of $7.9m and spending of $6.1m, leaving 22% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $5.7m to $7.9m (+39%), an average of +8.7% a year. The sharpest change came in the year to June 2020, when income rose by 38%. Over the whole period it spent 81% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Ebed Community Improvement Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 93rd percentile within MD. Charities of a similar size with the same main cause include LA Casa Norte ($7.9m), Orlando Union Rescue Mission Inc ($7.9m) and Preventive Cardiovascular Nurses Association Inc ($7.9m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $171k (2.8% of expenses). At year end it held assets of $12.2m against liabilities of $4.1m, net assets of $8.1m. It reported 148 employees.