Economic Development Corporation
Glens Falls, New York
CHealth Score
44C
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Below Average
💰
$638K
Total Revenue
📊
$715K
Total Expenses
🏦
$807K
Net Assets
📋
$254K
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
+10.6%
Year-over-year change (2022 → 2023)
Net Margin
-12.2%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.13
Net assets divided by total expenses
Liabilities-to-Assets
23.9%
Total liabilities as % of total assets
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $637,594↑11% | $715,135↓14% | $1,060,806↓10% | — |
| 2022 | $576,742↑7% | $832,694↑23% | $1,176,192 | — |
| 2021 | $540,715↑3% | $677,640↑12% | $1,175,986↓10% | — |
| 2020 | $522,446↓16% | $605,700↑16% | $1,303,870↓5% | — |
| 2019 | $618,344↓15% | $524,273↓15% | $1,378,203↓3% | — |
| 2018 | $724,842↑6% | $615,438↑16% | $1,421,222↑13% | — |
| 2017 | $683,352↑4% | $531,122↓15% | $1,261,194↑11% | — |
| 2016 | $660,007↓36% | $626,770↑2% | $1,132,761↑4% | — |
| 2015 | $1,029,619↑63% | $615,102↑4% | $1,086,325↑62% | — |
| 2014 | $632,907↑11% | $592,506↑55% | $670,374↑9% | — |
| 2013 | $568,783↑11% | $382,617↓9% | $616,231↑40% | — |
| 2012 | $514,018↑10% | $420,088↓9% | $440,593↑21% | — |
| 2011 | $467,153 | $461,162 | $362,642 | — |
Frequently Asked Questions
What does Economic Development Corporation do?▼
Economic Development Corporation is a community improvement & capacity building nonprofit organization based in New York. It is classified under NTEE code S31Z and is registered as a 501(c) tax-exempt organization with the IRS.
Is Economic Development Corporation financially healthy?▼
Financial health scoring requires Form 990 filing data. Check back as we process more filings for Economic Development Corporation.
How much revenue does Economic Development Corporation generate?▼
Economic Development Corporation reports $718K in annual revenue and holds $1.0M in total assets, based on IRS filings.
Similar Organizations
Explore more organizations in the Community Improvement & Capacity Building category, or browse all nonprofits in New York.