CSCharityScored
54

Wilmington Economic Development Corporation

Community Development · Wilmington, Delaware

100 W 10Th St Ste 214, Wilmington, DE 19801-1641

EIN: 510240524· Founded: May 1980· 46 years active· Filing Year: 2023

Annual Revenue

$1.3M

Total Expenses

$143K

Total Assets

$2.9M

Program Spending

47%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

Not reported

All officers, directors, and key employees combined

Other Salaries & Wages

$82K

Total Payroll

$82K

58% of total expenses

Where the Money Goes

47%
Programs: 47%
Payroll: 58%
Other overhead: 53%
Program Revenue$68K (5%)
Total Expenses$143K (11%)
Payroll$82K (58%)
Overhead (non-program)53%

Trust Score Breakdown

Program Spending Ratio

47% of expenses go to programs

40%

Revenue & Stability

$1.3M annual revenue

15%

Executive Compensation

Not reported

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$2.9M 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.