Dania Economic Development Corporation

Analysis

Dania Economic Development Corporation is a registered charity in United States, based in Dania, FL. It received its IRS tax-exemption ruling in September 2015, 11 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 December 2022, Dania Economic Development Corporation reported income of $475k and spending of $397k, spending 84% of its income. Over the whole period it spent 84% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Dania Economic Development Corporation sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 72nd percentile within FL. Charities of a similar size with the same main cause include Compassion Ministries Ltd ($475k), Voz Workers Rights Education Project ($475k) and Tolani Lake Enterprises Inc ($475k).

On its Form 990 for the period ending December 2022, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $92k (23% of expenses). Other salaries and wages came to $20k. At year end it held assets of $0 against liabilities of $0, net assets of $0. It reported 111,591 employees.