Charity Search / THE ECONOMIC DEVELOPMENT GROUP INC
Recreation & Sports (N20) 990 on File

THE ECONOMIC DEVELOPMENT GROUP INC

EIN: 22-3781639 · BUFFALO, NY 14211-1057 · United States · FY 2025 Data
3 out of 5 59 / 100 Based on 2+ years of filings
Financial strength (30%) 91/100
Reliability (20%) 55/100
Effectiveness (25%) 88/100
Impact (25%) No data yet
Financial data: FY 2025 · Scored 9/13/2026
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CharityAI™ Score
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Financial Overview — FY 2025
$7.8M
Total Revenue
$5.7M
Total Expenses
$5.1M
Net Assets
60
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 75.3%
Fundraising Efficiency 15.1%
Operating Reserve 10.73x
Liability-to-Asset 26.2%
Revenue Diversification 86.8%
Executive Compensation $492K
Compared with Peers
FY 2025
Compared with 967 similar organizations (United States, Recreation & Sports, $1M–$10M in expenses), FY 2025.
This organization Middle half of peers (P25–P75) Peer median
Ratio This org Peer median Position (P10 → P90)
Program expense ratio
Program expenses / total expenses · higher is better
75.3% 87.8%
P10P90
Bottom quarter
Admin expense ratio
Management and general / total expenses · lower is better
24.5% 9.8%
P10P90
Bottom quarter
Fundraising expense ratio
Fundraising expenses / total expenses · lower is better
0.2% 0.0%
P10P90
Below median
Fundraising efficiency
Fundraising expenses / gross fundraising income · lower is better
15.1% 10.1%
P10P90
Below median
Operating reserve
Months of expenses covered by net assets · higher is better
10.7 mo 7.3 mo
P10P90
Above median
Liabilities to assets
Total liabilities / total assets · lower is better
26.2% 11.6%
P10P90
Below median
Revenue concentration
Share of revenue from the largest source · lower is better
86.8% 90.6%
P10P90
Above median
Revenue growth
Year over year revenue growth
37.8% 8.1%
P10P90
Expense growth
Year over year expense growth
12.9% 7.2%
P10P90
Surplus margin
Surplus as a share of revenue
26.4% 2.7%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2025 $7.8M $5.7M $5.1M 75.3% 60
2024 $5.6M $5.1M $3.1M 71.2% 59
2023 $4.9M $4.5M $2.5M 73.8% 25
2022 $4.7M $3.7M $2.1M 75.6% 18
2021 $2.1M $3.1M N/A 34
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Organization Details
EIN
22-3781639
State
NY
City
BUFFALO
ZIP
14211-1057
Classification
N20
Category
Recreation & Sports
Rating
3★
Coverage
A
Last Updated
Aug 2026
Form 990
On File
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