CSCharityScored
56

New Castle Henry County Economic Development Corporation

Other · New Castle, Indiana

100 S Main St Ste 203, New Castle, IN 47362-4246

EIN: 351497780· Founded: May 1981· 45 years active· Filing Year: 2023

Annual Revenue

$477K

Total Expenses

$462K

Total Assets

$446K

Program Spending

56%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$111K

24.1% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

$48K

Total Payroll

$160K

35% of total expenses

Where the Money Goes

56%
Programs: 56%
Payroll: 35%
Other overhead: 44%
Program Revenue$261K (55%)
Total Expenses$462K (97%)
Payroll$160K (35%)
Overhead (non-program)44%

Trust Score Breakdown

Program Spending Ratio

56% of expenses go to programs

40%

Revenue & Stability

$477K annual revenue

15%

Executive Compensation

$111K total officer comp (24.1% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$446K in assets

10%

Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.