Edview Corporation

Analysis

Edview Corporation is a registered charity in United States, based in Springfield, MA. It received its IRS tax-exemption ruling in April 2000, 26 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, Edview Corporation reported income of $79k and spending of $96k, spending 121% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $60k to $79k (+32%), an average of +9.6% a year. The sharpest change came in the year to June 2022, when income rose by 25%. Over the whole period it spent 118% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Edview Corporation sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 39th percentile within MA. Charities of a similar size with the same main cause include Columbus Emergency Relief Inc ($79k), Fundacion Alas de Angel ($79k) and Voices in Unity for Hope Incorporated ($79k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 56% and program service revenue 44% of the total. At year end it held assets of $472k against liabilities of $752k, net assets of -$280k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.