Eden Village of Wilmington

Analysis

Eden Village of Wilmington is a registered charity in United States, based in Wilmington, NC. It received its IRS tax-exemption ruling in March 2020, 6 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Eden Village of Wilmington reported income of $2.0m and spending of $568k, leaving 72% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $1.0m to $2.0m (+99%), an average of +26% a year. The sharpest change came in the year to December 2021, when income rose by 123%. Over the whole period it spent 12% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Eden Village of Wilmington sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 87th percentile within NC. Charities of a similar size with the same main cause include Briarcliff Oaks Inc ($2.0m), Habitat for Humanity International Inc ($2.0m) and West Long Branch Senior Citizens Housing Corporation ($2.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% and program service revenue 2.3% of the total. Compensation of current officers, directors and key employees was $78k (14% of expenses). Other salaries and wages came to $41k. At year end it held assets of $7.2m against liabilities of $31k, net assets of $7.2m. It reported 2 employees.