Edgewood Village Inc

Analysis

Edgewood Village Inc is a registered charity in United States, based in New Haven, CT. It received its IRS tax-exemption ruling in January 1996, 30 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 December 2023, Edgewood Village Inc reported income of $834k and spending of $942k, spending 113% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.0m to $834k (-17%), an average of -4.6% a year. The sharpest change came in the year to December 2020, when income dropped by 100%. Over the whole period it spent 108% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Edgewood Village Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 75th percentile within CT. Charities of a similar size with the same main cause include Repairers of the Breach Inc ($834k), Providence Senior Housing Corporation ($834k) and Housing Alternatives Inc a Ca Non Profit Public Benefit Corp ($833k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $3.8m against liabilities of $0, net assets of $3.8m.

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.