Community Improvement
(S310)
IRS Verified
DX Registered
990 on File
DORCHESTER BAY ECONOMIC DEVELOPMENT CORPORATION
CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2024
$7.2M
Total Revenue
$7.7M
Total Expenses
$25.6M
Net Assets
44
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
69.8%
Fundraising Efficiency
N/A
Operating Reserve
40.06x
Liability-to-Asset
53.6%
Revenue Diversification
68.4%
Executive Compensation
$433K
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $7.2M | $7.7M | $25.6M | 69.8% | 44 |
| 2023 | $12.6M | $8.2M | $24.3M | 58.4% | 46 |
| 2022 | $10.2M | $8.1M | $23.2M | 83.5% | 37 |
| 2021 | $16.3M | $6.6M | N/A | — | 30 |
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