Edinburg Center Inc

Analysis

Edinburg Center Inc is a registered charity in United States, based in Bedford, MA. It received its IRS tax-exemption ruling in October 1978, 48 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Edinburg Center Inc reported income of $36.0m and spending of $34.4m, spending 96% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $25.3m to $36.0m (+42%), an average of +9.2% a year. The sharpest change came in the year to June 2021, when income rose by 19%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Edinburg Center Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within MA. Charities of a similar size with the same main cause include Areawide Council on Aging of Broward County Inc ($35.9m), Oconnor Woods Housing Corporation ($36.0m) and Area Agency on Aging of Pasco-Pinellas Inc ($35.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 81% and program service revenue 18% of the total. Compensation of current officers, directors and key employees was $485k (1.4% of expenses). Other salaries and wages came to $17.2m. At year end it held assets of $31.9m against liabilities of $19.3m, net assets of $12.6m. It reported 523 employees.