Eastwick United CDC

Analysis

Eastwick United CDC is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in September 2021, 5 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Eastwick United CDC reported income of $276k and spending of $147k, leaving 47% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $75k to $276k (+270%), an average of +270% a year. The sharpest change came in the year to December 2023, when income rose by 270%. Over the whole period it spent 57% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Eastwick United CDC 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 60th percentile, and in the 58th percentile within PA. Charities of a similar size with the same main cause include James J Buquet Jr Bayouland YMCA ($276k), Spirit and Truth Ministries Inc ($276k) and Cokeville Senior Citizen Center Inc ($276k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $209k against liabilities of $50k, net assets of $159k.