Eden Bridge Foundation

Analysis

Eden Bridge Foundation is a registered charity in United States, based in Lancaster, PA. It received its IRS tax-exemption ruling in March 2004, 22 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Eden Bridge Foundation reported income of $13.6m and spending of $9.1m, leaving 33% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $7.3m to $13.6m (+87%), an average of +17% a year. The sharpest change came in the year to June 2021, when income rose by 154%. Over the whole period it spent 71% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Eden Bridge Foundation sits at the 97th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 95th percentile within PA. Charities of a similar size with the same main cause include Feeding Pennsylvania ($13.6m), Galesburg Community Foundation ($13.6m) and Truman Heartland Community Foundation ($13.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% and program service revenue 0.5% of the total. Compensation of current officers, directors and key employees was $83k (0.9% of expenses). Other salaries and wages came to $66k. At year end it held assets of $24.2m against liabilities of $490k, net assets of $23.7m. It reported 3 employees.