Ec Springfield Realty Inc

Analysis

Ec Springfield Realty Inc is a registered charity in United States, based in Springfield, MA. It received its IRS tax-exemption ruling in March 2018, 8 years ago. Its declared purposes cover education, which this site groups under education and training. 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 October 2023, Ec Springfield Realty Inc reported income of $182k and spending of $476k, spending 261% of what it took in. Across the 5 years on record, from October 2019 to October 2023, income grew from $124k to $182k (+47%), an average of +10% a year. The sharpest change came in the year to October 2020, when income rose by 34%. Over the whole period it spent 225% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Ec Springfield Realty Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 56th percentile within MA. Charities of a similar size with the same main cause include Pacer Pride Inc ($182k), Bomber Elite Inc ($182k) and Bettendorf Public Library Foundation ($182k).

At year end it held assets of $12.4m against liabilities of $11.7m, net assets of $773k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.