SCommunity Improvement & Capacity BuildingEIN: 474730548· Ruling Year: 2015

Cumberland Economic Development Corporation

Cumberland, Maryland

BHealth Score
62B

Financial Health Score

8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.

Above Average

💰
$1.7M
Total Revenue
📊
$1.8M
Total Expenses
🏦
$1.5M
Net Assets
📋
$102K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-41.9%
Year-over-year change (2023 → 2024)
Net Margin
-9.7%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.80
Net assets divided by total expenses
Liabilities-to-Assets
6.5%
Total liabilities as % of total assets

Filing History

9 filings on record
YearRevenueExpensesAssets
2024$1,669,65442%$1,832,302275%$1,565,26812%
2023$2,871,616340%$489,22729%$1,770,451104%
2022$653,36859%$378,8689%$866,42446%
2021$410,5634%$347,26425%$591,98112%
2020$396,39356%$462,05027%$529,54653%
2019$897,72843%$363,89750%$1,125,8351759%
2018$628,86864%$723,53256%$60,54764%
2017$1,749,34129%$1,645,44932%$168,655188%
2016$2,467,065$2,418,341$58,619

Frequently Asked Questions

What does Cumberland Economic Development Corporation do?

Cumberland Economic Development Corporation is a community improvement & capacity building nonprofit organization based in Maryland. It is classified under NTEE code S30 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Cumberland Economic Development Corporation financially healthy?

Financial health scoring requires Form 990 filing data. Check back as we process more filings for Cumberland Economic Development Corporation.

How much revenue does Cumberland Economic Development Corporation generate?

Cumberland Economic Development Corporation reports $595K in annual revenue and holds $1.3M in total assets, based on IRS filings.

Similar Organizations

Explore more organizations in the Community Improvement & Capacity Building category, or browse all nonprofits in Maryland.