ECONOMIC AND COMMUNITY DEVELOPMENT INSTITUTE INC

COLUMBUS, OH, 43219-2541 (614) 559-0115 Est. 1985 EIN 31-1145544
Form 990 501(c)(3)
WWW.ECDI.ORG

Mission

THE MISSION OF ECONOMIC AND COMMUNITY DEVELOPMENT INSTITUTE (ECDI) IS TO INVEST IN PEOPLE TO CREATE MEASURABLE AND ENDURING SOCIAL AND ECONOMIC CHANGE. ECDI ACCOMPLISHES ITS MISSION THROUGH SMALL BUSINESS LENDING AND DEVELOPMENT SERVICES.

Giving Portfolio

Total Grants
134
Total Giving
$1.4M
Recipients
133
Years Active
2020 - 2022
Avg grant: $13,273 Median: $6,300

Yearly Trends

YearGrantsTotal Giving Avg GrantNewRepeat
20229$160K $18K81
202139$571K $15K1722
202086$638K $7K850

Sectors Funded

Community Improvement
6
Arts, Culture & Humanities
3
Education
3
Human Services
1
Youth Development
1
Food, Agriculture & Nutrition
1
International & Foreign Affairs
1

Top States

Ohio
133
California
1

Grantee Size Profile

$1M - $5M
8
$100K - $500K
7
$10M - $50M
2
$500K - $1M
2
Under $100K
1

Top Grantees

OH - 2 grants
$173K
$35K
THE SAND ROCK MINERAL WATER COMPANY
OH - 2 grants
$35K
HOUSE OF GRACE RESIDENTIAL SERVICES LLC
OH - 2 grants
$35K
FRONIMO LLC
OH - 2 grants
$28K
PROFER TURF CARE LLC DBA THE GROUNDS GUYS OF CANTON OH
OH
$25K
CLEVELAND OAK INC
OH
$25K
and 15 more grantees

Grants Awarded · 21 grants

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Financials

Total Revenue
$13,823,454
Total Expenses
$12,852,039
Net Assets
$13,509,275
89 employees 82 volunteers
From latest filing (tax period ending 2023-06-30)

Financial Health

Operating Reserve
12.6 months Healthy
Net assets / monthly expenses
Year-over-Year Change
Revenue ↓ 30.8%
Expenses ↓ 19.3%
Revenue Sources
Contributions 74.3% Earned revenue 25.7%
Expense Breakdown
Program 83.4% Management 16.4% Fundraising 0.2%

Officers & Trustees (21)

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Filing History (5 filings)

YearRevenueExpensesNet Assets
2022 Form 990$13,823,454 $12,852,039$13,509,275
2021 Form 990$19,971,101 $15,928,240$12,537,860
2020 Form 990$14,312,711 $9,415,089$8,494,999
2019 Form 990$8,599,424 $8,061,664$3,597,377
2017 Form 990$5,663,894 $6,544,436$2,499,494

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EIN: 31-1145544 · Source: IRS Form 990 e-file data