Executive Center for Economic & Educational Development Inc

Analysis

Executive Center for Economic & Educational Development Inc is a registered charity in United States, based in Greenville, NC. It received its IRS tax-exemption ruling in October 2001, 25 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Executive Center for Economic & Educational Development Inc reported income of $141k and spending of $70k, leaving 51% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income fell from $233k to $141k (-40%), an average of -22% a year. The sharpest change came in the year to December 2023, when income rose by 206%. Over the whole period it spent 122% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Executive Center for Economic & Educational Development Inc sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 43rd percentile within NC. Charities of a similar size with the same main cause include Educators Cooperative ($141k), Bridgeport High School All Sports Boosters ($141k) and Hoopoe Share Literacy Fund ($141k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 30% and program service revenue 68% of the total. At year end it held assets of $117k against liabilities of $0, net assets of $117k.