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ECUMENICAL DEVELOPMENT CORPORATION USA

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Public IRS 990 nonprofit record

ECUMENICAL DEVELOPMENT CORPORATION USA

EIN 36-3697513 · Nonmonetary Support N.E.C.

No paid report availableWe do not sell postcard or incomplete reports.

What they do

THE ORGANIZATIONS MISSION is to MOBILIZE FINANCIAL CREDIT and RESOURCES to PROMOTE ECONOMIC GROWTH, SOCIAL JUSTICE and SELF-RELIANCE AMONG THE POOR IN DEVELOPING COUNTRIES and EDUCATES THE POOR ABOUT THE SUCCESSFUL OPERATION of BUSINESS ENTERPRISES IN AN EFFORT to PREVENT ECONOMIC INJUSTICE and to PROMOTE SELF-RELIANCE and SOCIAL WELFARE. - THE ORGANIZATIONS MISSION is to RAISE CAPITAL THROUGH ITS NOTES PROCEEDS IN THE U.S. and CURRENTLY LENDS ITS CAPITAL to OIKOCREDIT, ECUMENICAL DEVELOPMENT COOPERATIVE SOCIETY U.A. ("OIKOCREDIT EDCS") for THE PURPOSE of INVESTING IN PRODUCTIVE ENTERPRISES THAT BENEFIT THE POOR. IN THE FUTURE, EDC-USA MAY LEND CAPITAL to OTHER ENTITIES for SIMILAR PURPOSES. THE LOAN OBJECTIVES INCLUDE: STABILIZING SMALL BUSINESS, CREATION of SUSTAINABLE JOBS and PROMOTING THE IDEAL of SELF-SUFFICIENCY IN SOCIETY, THUS ALLEVIATING POVERTY. LOANS MADE BY EDCS-UA ARE STRUCTURED to MATURE AT THE SAME TIME THE ORGANIZATIONS NOTES PAYABLE MATURE. IN ADDITION, THE ORGANIZATI

Before you give

Should I give to this charity?

Easy charity check
Look at where the money went

Of every $100 spent, about $94.30 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

Money report from 2016The report may be old. Ask for a newer one.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders10 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

94.3%of expenses went to mission workForm 990 program services
5.7%of expenses went to managementOffice and general costs

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  2. What will my money do? Ask exactly what your gift will pay for.
  3. Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue this year. Ask whether that was planned or caused by a one-time event.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2016

A quick look at the charity’s latest reported finances. The available records are too limited for us to sell a complete report.

Revenue$969,126
Expenses$980,068

How reported expenses were divided

This free view shows the broad spending mix. Exact dollar amounts and revenue comparisons are included in the complete report.

Mission workProgram services94.3%of expenses
ManagementOffice and general costs5.7%of expenses
FundraisingAsking for donations0.0%of expenses

Mission work is the Form 990 category called program services. These are the organization’s reported accounting categories, not an independent measure of results.

About this charity

Location
P O BOX 6834, NORTH PORT, FL 34290
County
Sarasota
In care of
SHARLENE BROWN

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About this report: Information comes from public nonprofit records and may show the latest filing available.

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