Economic development organizations
There are 11,461 economic development organizations in the United States. Combined, these economic development organizations employ 55,028 people, earn more than $18 billion in revenue each year, and have assets of $48 billion.
Types of economic development organizations
| Nonprofit type | Number | Revenues |
|---|---|---|
11,461 | $17,944,653,857 | |
4,941 | $6,064,822,678 | |
778 | $3,104,899,850 |
Showing 3 of 3 categories
Job trends for Economic development organizations
| Employees per organization | Number of organizations |
|---|---|
| 0 | 2,632 |
| 1-10 | 2,372 |
| 11-25 | 654 |
| 26-100 | 345 |
| 101 to 1,000 | 79 |
| 1,000+ | 2 |
Key takeaways for employment stats:
- Employment in Economic development organizations is driven by large organizations like Northern Kentucky Area Development District (NKADD), Prairie Meadows Race Track & Casino, Local Initiatives Support Corporation, Wurstfest, and Metropolitan Entertainment and Convention Authority (MECA).
- The largest employers tend to be economic development organizations, urban development organizations, and visitor and convention bureaus.
Sizes of economic development organizations
| Revenues per organization | Number of organizations |
|---|---|
| < $250k | 3,344 |
| $250k to $1M | 2,014 |
| $1M to $5M | 1,413 |
| $5M to $25M | 475 |
| $25M to $100M | 77 |
| $100M+ | 15 |
Key takeaways for revenue stats:
- Large organizations like Prairie Meadows Race Track & Casino, JobsOhio Beverage System, Local Initiatives Support Corporation, Maryland Economic Development Corporation, and Self-Help Ventures Fund earn the majority of revenues among nonprofits in Economic development organizations.
- Organizations with less than $1 million in revenue account for 7.3% of combined nonprofit revenues, whereas organizations in Economic development organizations with more than $100 million account for 29.7% of nonprofit earnings.
- The highest earning organizations tend to be economic development organizations, urban development organizations, and visitor and convention bureaus.
Directory of economic development organizations
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1-20 of 11,461
Acdi / Voca
Revenue
$162.5m
Assets
$124.4m
Employees
195
EIN
52-0811461
IRS type
501(c)(3)
Local Initiatives Support Corporation
Revenue
$363.9m
Assets
$1.6b
Employees
987
EIN
13-3030229
IRS type
501(c)(3)
Uli - The Urban Land Institute
Revenue
$92.3m
Assets
$93.4m
Employees
313
EIN
53-0159845
IRS type
501(c)(3)
Opportunity Austin
Revenue
$5.9m
Assets
$2.9m
Employees
25
EIN
20-0192975
IRS type
501(c)(6)
Memphis Tourism Corporation
Revenue
$10.6m
Assets
$42.7m
Employees
43
EIN
62-1025301
IRS type
501(c)(6)
Georgetown Business Improvement District
Revenue
$5.3m
Assets
$8.6m
Employees
13
EIN
52-2023786
IRS type
501(c)(6)
DuPage Convention & Visitors Bureau
Revenue
$3.2m
Assets
$1.4m
Employees
12
EIN
36-3667324
IRS type
501(c)(6)
Washington Roundtable
Revenue
$2.6m
Assets
$1.1m
Employees
8
EIN
91-1215738
IRS type
501(c)(6)
Alexandria Economic Development Partnership
Revenue
$4.2m
Assets
$2.6m
Employees
17
EIN
54-1625093
IRS type
501(c)(6)
Meet Chicago Northwest (MCNW)
Revenue
$3.0m
Assets
$1.5m
Employees
10
EIN
36-3262249
IRS type
501(c)(6)
Bellevue Downtown Association
Revenue
$2.5m
Assets
$1.9m
Employees
14
EIN
91-6183167
IRS type
501(c)(6)
Rosslyn Business Improvement District (BID)
Revenue
$4.6m
Assets
$2.9m
Employees
14
EIN
54-2110524
IRS type
501(c)(6)
Sioux Falls Development Foundation
Revenue
$9.3m
Assets
$106.5m
Employees
17
EIN
46-0243934
IRS type
501(c)(6)
Greater Hazleton Community Area New Development Organizationinc
Revenue
$12.1m
Assets
$100.1m
Employees
20
EIN
23-6296551
IRS type
501(c)(6)
Visit Alexandria
Revenue
$5.6m
Assets
$1.3m
Employees
28
EIN
54-1812378
IRS type
501(c)(6)
Visit Austin
Revenue
$27.4m
Assets
$23.1m
Employees
77
EIN
75-2648097
IRS type
501(c)(6)
Discover Long Island
Revenue
$6.1m
Assets
$6.7m
Employees
27
EIN
52-1137306
IRS type
501(c)(6)
Visit KC
Revenue
$17.9m
Assets
$21.4m
Employees
47
EIN
43-0862331
IRS type
501(c)(6)
San Mateo County Convention and Visitors Bureau (SMCCVB)
Revenue
$7.7m
Assets
$4.2m
Employees
15
EIN
95-2748198
IRS type
501(c)(6)
The Magnificent Mile Association
Revenue
$4.2m
Assets
$2.2m
Employees
12
EIN
36-2119989
IRS type
501(c)(6)
