Edpa Foundation Inc

Analysis

Edpa Foundation Inc is a registered charity in United States, based in Paw Paw, MI. It received its IRS tax-exemption ruling in October 2002, 24 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 December 2023, Edpa Foundation Inc reported income of $390k and spending of $181k, leaving 54% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $439k to $390k (-11%), an average of -2.9% a year. The sharpest change came in the year to December 2023, when income rose by 289%. Over the whole period it spent 53% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Edpa Foundation Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 66th percentile within MI. Charities of a similar size with the same main cause include North Flatbush Avenue District Management Association Inc ($390k), Long Beach Economic Partnership ($390k) and Estuary Inc ($390k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 38% of the total. At year end it held assets of $1.5m against liabilities of $5,082, net assets of $1.5m.