Abyssinian Development Corporation

Organization Overview

Abyssinian Development Corporation is located in New York, NY. The organization was established in 1994. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Abyssinian Development Corporation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2018, Abyssinian Development Corporation generated $11.7m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (17.3%) each year. All expenses for the organization totaled $15.2m during the year ending 12/2018. As we would expect to see with falling revenues, expenses have declined by (8.8%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.

Limited Data Available: This organization filed their most recent 990 in paper format. This filing methodology limits the information that can be extracted from the filing.

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Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$19,394
Investment income $53,836
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory -$8,186
Miscellaneous Revenue$0
Total Revenue $11,657,995

Grants Recieved

Over the last fiscal year, we have identified 2 grants that Abyssinian Development Corporation has recieved totaling $3,360.

Awarding OrganizationAmount
Synchrony Foundation

Stamford, CT

PURPOSE: EMPLOYER MATCHING GIFT PROGRAM

$3,334
Amazonsmile Foundation

Seattle, WA

PURPOSE: GENERAL SUPPORT

$26
View Grant Recipient Profile

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