Cumberland Area Economic Development Corporation
Mechanicsburg, Pennsylvania
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Good
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $3,143,193↓21% | $2,785,708↑29% | $9,316,356↑7% | — |
| 2022 | $3,992,452↓35% | $2,158,450↓55% | $8,678,549↑22% | — |
| 2021 | $6,112,770↑192% | $4,800,651↑110% | $7,101,544↑18% | — |
| 2020 | $2,094,990↓23% | $2,280,712↓22% | $6,037,555↓14% | — |
| 2019 | $2,710,264 | $2,919,254↑5% | $7,017,543↑5% | — |
| 2018 | $2,713,012↓7% | $2,776,978↓6% | $6,683,097↑31% | — |
| 2017 | $2,929,180↑14% | $2,963,397↑33% | $5,104,174↑16% | — |
| 2016 | $2,568,835↑17% | $2,231,732↑11% | $4,411,254↑12% | — |
| 2015 | $2,186,478↑17% | $2,007,763↑12% | $3,934,551↑12% | — |
| 2014 | $1,869,110↑5% | $1,789,399↑21% | $3,506,696↑4% | — |
| 2013 | $1,781,073 | $1,479,965↑4% | $3,360,369↑13% | — |
| 2012 | $1,786,440↓16% | $1,423,922↓3% | $2,985,460↑7% | — |
| 2011 | $2,127,730 | $1,463,575 | $2,784,913 | — |
Frequently Asked Questions
What does Cumberland Area Economic Development Corporation do?▼
Cumberland Area Economic 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 Cumberland Area Economic Development Corporation financially healthy?▼
Based on our 9-metric Financial Health Score model, Cumberland Area Economic Development Corporation has a score of 65/100 (Grade: B+). 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 Cumberland Area Economic Development Corporation generate?▼
Cumberland Area Economic Development Corporation reports $4.5M in annual revenue and holds $10.0M in total assets, based on IRS filings.
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