Edge Athletic Club Inc

Analysis

Edge Athletic Club Inc is a registered charity in United States, based in Poughkeepsie, NY. It received its IRS tax-exemption ruling in September 2002, 24 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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, Edge Athletic Club Inc reported income of $113k and spending of $219k, spending 193% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $247k to $113k (-54%), an average of -18% a year. The sharpest change came in the year to December 2020, when income dropped by 60%. Over the whole period it spent 149% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Edge Athletic Club Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 39th percentile within NY. Charities of a similar size with the same main cause include Tucson Mens Senior Baseball ($113k), Lynn Canal Adventures ($114k) and Boston Sea Rovers Inc ($113k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 89% of the total. Compensation of current officers, directors and key employees was $103k (47% of expenses). At year end it held assets of $550k against liabilities of $1,703, net assets of $548k. It reported 1 employees.

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.