Edgemont School Foundation Inc

Analysis

Edgemont School Foundation Inc is a registered charity in United States, based in Scarsdale, NY. It received its IRS tax-exemption ruling in November 1994, 32 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Edgemont School Foundation Inc reported income of $115k and spending of $13k, leaving 88% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income fell from $176k to $115k (-35%), an average of -10% a year. The sharpest change came in the year to June 2021, when income rose by 111%. Over the whole period it spent 52% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Edgemont School Foundation Inc sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 39th percentile within NY. Charities of a similar size with the same main cause include Jitegemee Inc ($115k), The Jeremy Ranch Elementary School Parent Teacher Organization ($115k) and Citizens for Public School Inc ($115k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 84% of the total. At year end it held assets of $1.1m against liabilities of $269k, net assets of $838k.