Efcdc Financial Support Corporation

Analysis

Efcdc Financial Support Corporation is a registered charity in United States, based in Kansas City, MO. It received its IRS tax-exemption ruling in January 2023, 3 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Efcdc Financial Support Corporation reported income of $61k and spending of $0, leaving 100% of income unspent that year. Across the 6 years on record, from December 2018 to December 2023, income fell from $1.3m to $61k (-95%), an average of -46% a year. The sharpest change came in the year to December 2019, when income dropped by 95%. Over the whole period it spent 22% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Efcdc Financial Support Corporation sits at the 14th percentile: it is larger than about 14% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 22nd percentile within MO. Charities of a similar size with the same main cause include Bridgeport Estates Inc ($61k), Communtiy Apartments Corporation of Metrolina 5 ($61k) and Better Homes for North Carolina Inc ($61k).

At year end it held assets of $6.3m against liabilities of $0, net assets of $6.3m.