Abyssinian Development Corporation

Unknown organization based in New York, NY. 24 employees. Exempt under §501(c)(3).

MissionA COMPREHENSIVE COMMUNITY DEVELOPMENT CORPORATION FOCUSED ON PROVIDING AFFORDABLE HOUSING TO LOW AND MODERATE INCOME FAMILIES AND SOCIAL SERVICES, PRINCIPALLY EDUCATIONAL PROGRAMS IN THE AREAS OF COLLEGE/CAREER READINESS, STEM, AND DISTRICT-BASED INITIATIVES TO IMPROVE STUDENT

Financial snapshot · TY 2024

$31.9M
Total revenue
$23.2M
Total expenses
$118.2M
Net assets

Financial health · TY 2024

77
Strong financial health
Composite score out of 100 based on reserve ratio, program efficiency, and revenue diversification.
Reserve ratio
52
9.3 months of expenses
Program efficiency
96
88.5% spent on programs
Revenue diversity
89
Mix of program fees, grants & contributions

Leadership compensation

$154,392

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Abyssinian Development Corporation Executive Compensation | 990 Data | DoubleNine