Ecdc Enterprise Development Group

Analysis

Ecdc Enterprise Development Group is a registered charity in United States, based in Arlington, VA. It received its IRS tax-exemption ruling in May 2001, 25 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 September 2023, Ecdc Enterprise Development Group reported income of $3.1m and spending of $1.9m, leaving 39% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $2.2m to $3.1m (+42%), an average of +9.1% a year. The sharpest change came in the year to September 2021, when income rose by 63%. Over the whole period it spent 54% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Ecdc Enterprise Development Group sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within VA. Charities of a similar size with the same main cause include 131 Steuart Street Foundation ($3.1m), Dearborn Community Foundation Inc ($3.1m) and Livermore Lab Foundation ($3.1m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 72% and program service revenue 26% of the total. Compensation of current officers, directors and key employees was $76k (4.0% of expenses). Other salaries and wages came to $786k. At year end it held assets of $23.3m against liabilities of $9.5m, net assets of $13.8m.