Community Improvement
(S30)
990 on File
ALTOONA ECONOMIC DEVELOPMENT CORPORATION
Financial strength (30%)
75/100
Reliability (20%)
50/100
Effectiveness (25%)
61/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2025
$-769,790
Total Revenue
$116K
Total Expenses
$22.7M
Net Assets
0
Employees
Expense Breakdown
Program Expense Ratio
100.0%
Fundraising Efficiency
N/A
Operating Reserve
2354.42x
Liability-to-Asset
3.4%
Revenue Diversification
N/A
Compared with Peers
FY 2025
Compared with 2,524 similar organizations
(United States, Community Improvement, $100K–$1M 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
|
100.0% | 84.5% |
P10P90
|
Top quarter |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
0.0% | 12.8% |
P10P90
|
Top quarter |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
0.0% | 0.0% |
P10P90
|
Top quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
2354.4 mo | 11.0 mo |
P10P90
|
Top quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
3.4% | 2.3% |
P10P90
|
Below median |
|
Revenue growth
Year over year revenue growth
|
-22.1% | 4.0% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
-39.3% | 7.6% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
115.0% | 2.4% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2025 | $-769,790 | $116K | $22.7M | 100.0% | 0 |
| 2024 | $-987,926 | $191K | $23.6M | 100.0% | 0 |
| 2023 | $-642,447 | $220K | $24.8M | 100.0% | 0 |
| 2022 | $-890,450 | $109K | N/A | — | 0 |
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