Public Charity

ANACOSTIA ECONOMIC DEVELOPMENT CORPORATION

ANACOSTIA ECONOMIC DEVELOPMENT CORPORATION is a nonprofit organization categorized as Public Charity based in WASHINGTON, DC. Its most recent IRS filing (2024) reports revenue of $3.4M, expenses of $1.2M, total assets of $23.8M. Imperigo tracks 10 reported grant relationships connected to this organization totaling approximately $1.1M.

EIN: 520897780 WASHINGTON, DC Urban & Community Economic Development NTEE: S31 Latest filing: 2024
Total Revenue$3.4M
Total Expenses$1.2M
Total Assets$23.8M
Grant Records10
Funding Total$1.1M
Filing Years2019–2024

Mission

TO RAISE THE ECONOMIC,WELFARE,EDUCATIONAL AND SOCIAL LEVELS OF RESIDENTS AND THE OVERALL ECONOMIC DEVELOPMENT NEEDS OF THE ANACOSTIA/FAR SOUTHEAST AREAS OF WASHINGTON, D.C.

Where $100 goes at Anacostia Economic Development Corporation

How Anacostia Economic Development Corporation divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.

$93 Programs the work itself
$7 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $93 for programs

$45
Other subsidiaries 560681
48% of program spending
$22
Small Business provides technical support to small businesses in Ward 7 and 8
24% of program spending
$21
Sbdc
23% of program spending

Plus 1 more program. Cost per person served and the full program breakdown are on the full profile.

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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

MEMBER Adriane Lowrie
MEMBER Cindy Athey
MEMBER Donna V Morrow
MEMBER Graylin Presbury
MEMBER Pamela B Stuart
PRESIDENT/CEO Stanley Jackson

Officer compensation and complete director data available with membership.

Top Grant Purposes

Education
$1,086,617 9 grants
Unspecified
$50,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $3.4M $1.2M $23.8M
2023 $1.4M $797K $22.6M
2022 $1.3M $1.0M $22.1M
2020 $2.5M $1.5M $17.9M
2019 $2.6M $1.6M $17.1M

Between 2019 and 2024, reported annual revenue grew from $2.6M to $3.4M (+27%), with total assets most recently reported at $23.8M.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for ANACOSTIA ECONOMIC DEVELOPMENT CORPORATION

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