Erie Downtown Development Corporation
Erie, Pennsylvania
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Below Average
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
7 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $1,570,549↑40% | $2,629,964↑28% | $4,973,898↓67% | — |
| 2022 | $1,120,288↓23% | $2,062,444↑43% | $14,910,077↓29% | — |
| 2021 | $1,459,098↓16% | $1,440,032↓6% | $20,964,670↓8% | — |
| 2020 | $1,745,323↑176% | $1,528,733↑6% | $22,667,146↑34% | — |
| 2019 | $633,402↓40% | $1,441,868↑89% | $16,886,411↑176% | — |
| 2018 | $1,057,073↓46% | $761,973↑311% | $6,127,841↑246% | — |
| 2017 | $1,950,202 | $185,283 | $1,771,338 | — |
Frequently Asked Questions
What does Erie Downtown Development Corporation do?▼
Erie Downtown Development Corporation is a community improvement & capacity building nonprofit organization based in Pennsylvania. It is classified under NTEE code S30 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Erie Downtown Development Corporation financially healthy?▼
Based on our 9-metric Financial Health Score model, Erie Downtown Development Corporation has a score of 38/100 (Grade: C). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.
How much revenue does Erie Downtown Development Corporation generate?▼
Erie Downtown Development Corporation reports $3.5M in annual revenue and holds $6.9M in total assets, based on IRS filings.
Similar Organizations
Explore more organizations in the Community Improvement & Capacity Building category, or browse all nonprofits in Pennsylvania.