Manufacturers Edge

Analysis

Manufacturers Edge is a registered charity in United States, based in Westminster, CO. It received its IRS tax-exemption ruling in August 2006, 20 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Manufacturers Edge reported income of $2.8m and spending of $3.1m, spending 108% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $4.9m to $2.8m (-42%), an average of -13% a year. The sharpest change came in the year to June 2020, when income dropped by 36%. Over the whole period it spent 102% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Manufacturers Edge sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 89th percentile within CO. Charities of a similar size with the same main cause include Cement Masons and Plasterers Training Trust of Washington ($2.8m), Greater Southwest Development Corporation ($2.8m) and Production Services Unlimited Inc ($2.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 76% and program service revenue 24% of the total. Compensation of current officers, directors and key employees was $230k (7.5% of expenses). Other salaries and wages came to $1.5m. At year end it held assets of $187k against liabilities of $1.0m, net assets of -$830k. It reported 19 employees.