Fort Payne - Dekalb County E-Center

Analysis

Fort Payne - Dekalb County E-Center is a registered charity in United States, based in Fort Payne, AL. It received its IRS tax-exemption ruling in January 2019, 7 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 2023, Fort Payne - Dekalb County E-Center reported income of $197k and spending of $188k, spending 95% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $464k to $197k (-57%), an average of -58% a year. The sharpest change came in the year to December 2023, when income dropped by 57%. Over the whole period it spent 44% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Fort Payne - Dekalb County E-Center sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 54th percentile within AL. Charities of a similar size with the same main cause include Korean Festival Committee of Orange County ($197k), Texas Association of College Technical Educators ($197k) and Taste for the Homeless ($197k).

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 $60k (32% of expenses). At year end it held assets of $409k against liabilities of $2,706, net assets of $406k. It reported 1 employees.