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New York · Public charity

Syracuse Economic Development Corp

The goal of the SYRACUSE ECONOMIC DEVELOPMENT CORPoration (sedco) is to provide technical and financial assistance to businesses and other local economic development entities that operate in the city of syracuse, new york as a means of supporting business expansion and job creation.

$8k
Granted FY2025(still arriving)
1
Grants FY2025
1
Organizations funded FY2023
0%
First-time grantees FY2023
Read the full brief
Median grant, FY2025
$7,510
Largest grant, FY2025
$7,510
Organizations funded a year
1 to 26
FY2020 to FY2023
States reached, FY2025
1
Total assets, FY2025
$16M

How open it is to new grantees

In FY2023, 0% of the organizations Syracuse Economic Development Corp funded were first-time grantees, receiving 0% of its grant dollars.

New vs renewed · share of each year

In FY2023, 100% of grant dollars renewed an existing relationship; $0 went to new ones.

50%100%’21’22’23
RenewedFirst-time

Where new relationships form · theme of each grantee’s first grant

’21’22’23
Community ImprovementOther
How this is measured
First-time means a grantee’s first year in the filing window; renewed means funded in an earlier year too. The renewed share climbs naturally as a portfolio matures, so the signal is a year that bucks it (a wave of new grantees). The earliest year is left-censored: relationships that predate the data read as new. Theme is the grantee’s IRS cause.
The numbers by year
Fiscal yearOrganizations fundedTo those organizationsFirst-time grantees
FY2025still arriving1$8k100%
FY20231$34k0%
FY20222$28k100%
FY202126$240k85%
FY202011$76kn/a
100% classified

What it funded, over time

Every grant placed by its stated purpose and the recipient’s mission, by year, FY2020 to 2025.

Public Safety & Disaster$99kCommunity Improvement$85kHuman Services$85kFood & Nutrition$44kEnvironment$26kHealth$21kEmployment$9kRecreation & Sports$9kOther$0

Top grantees

Largest recipients by total granted, FY2020 to FY2025, and the share of each one’s budget the grants supplied at peak.

GranteeTotal grantedYearsShare of their budget
Downtown Syracuse Foundation Inc$54,000219%
NEHDA Inc$7,51013%

Plus 34 recipients with no EIN on record ($325k), not named here.

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About Syracuse Economic Development Corp

How much does Syracuse Economic Development Corp give?
Syracuse Economic Development Corp reported 1 grants totaling $7,510 in its FY2025 IRS filing. It funded between 1 and 26 organizations a year over FY2020 to FY2023.
What does Syracuse Economic Development Corp fund?
By grant dollars over FY2020 to FY2025, its largest causes are Public Safety & Disaster (26%), Community Improvement (22%), Human Services (22%).
Who are Syracuse Economic Development Corp's largest grantees?
By total granted over FY2020 to FY2025: Downtown Syracuse Foundation Inc ($54k), NEHDA Inc ($8k).
Does Syracuse Economic Development Corp fund new organizations?
In FY2023, 0% of the organizations it funded were first-time grantees.
Where is Syracuse Economic Development Corp based?
Syracuse Economic Development Corp is based in NY.

On method. Every financial figure here is read from IRS e-file XML, the funder’s own 990/990-PF, and from the multi-year returns of the 36 grantees we resolved, each linked to its source. Grantee outcomes are each organization’s own program-service reporting (Form 990, Part III), read as association with funding, never as caused by it. Low-confidence name matches are suppressed rather than guessed. How we build these →

How this is measured
Each figure carries one of six labels. Filed is what the funder reported on its return. Official is another government record about an organization, such as a federal award or a charity register, joined by name where no shared identifier exists. Resolved is an identity we worked out where the filing named a recipient without an EIN, kept only above a measured confidence threshold. Computed is arithmetic over those, like themes, portfolio clusters and co-funder strength. Context is a statistic about a place rather than about an organization, which is what the need overlay is: it describes the area a grantee’s address sits in, not where its work lands. Inferred is drawn by a model from text, like the partnerships read out of public news and organization websites. Each is labeled where it appears.

Generated from the IRS Form 990 e-file return for fiscal year 2025, released 2025. Filings run roughly 12 to 24 months behind; figures are dated accordingly.

Source object · view filing

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