E C Canada & Associates Inc
Analysis
E C Canada & Associates Inc is a registered charity in United States, based in Greensboro, NC. It received its IRS tax-exemption ruling in July 2000, 26 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2023, E C Canada & Associates Inc reported income of $5.7m and spending of $5.5m, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $5.1m to $5.7m (+12%), an average of +2.9% a year. Over the whole period it spent 99% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, E C Canada & Associates 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 93rd percentile, and in the 94th percentile within NC. Charities of a similar size with the same main cause include Lifespan Inc ($5.7m), The Center for Family Justice Inc ($5.7m) and Gateway ($5.7m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $257k (4.6% of expenses). Other salaries and wages came to $110k. At year end it held assets of $428k against liabilities of $0, net assets of $428k. It reported 5 employees.
Income and spending
Where the income comes from
- Contributions & grants 100%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Lifespan Inc | Homestead | $5.7m |
| The Center for Family Justice Inc | Bridgeport | $5.7m |
| Gateway | Birmingham | $5.7m |
| Oak Meadows | Oakdale | $5.7m |