East to West Development Corporation

Analysis

East to West Development Corporation is a registered charity in United States, based in N Palm Beach, FL. It received its IRS tax-exemption ruling in November 2018, 8 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 (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, East to West Development Corporation reported income of $238k and spending of $196k, spending 82% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $178k to $238k (+34%), an average of +34% a year. The sharpest change came in the year to December 2023, when income rose by 34%. Over the whole period it spent 72% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, East to West Development Corporation sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 60th percentile within FL. Charities of a similar size with the same main cause include Jonah Inc ($238k), Bellevue Breakfast Rotary Club Foundation ($238k) and Southern Association for College Student Affairs ($238k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.8% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $56k (28% of expenses). At year end it held assets of $57k against liabilities of $0, net assets of $57k.