Edge Funders Alliance
Analysis
Edge Funders Alliance is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in March 2008, 18 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 Funders Alliance reported income of $905k and spending of $1.2m, spending 130% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income fell from $976k to $905k (-7.3%), an average of -1.5% a year. The sharpest change came in the year to December 2021, when income rose by 47%. Over the whole period it spent 92% of the income it received.
Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Edge Funders Alliance sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 79th percentile within CA. Charities of a similar size with the same main cause include United Way of the Concho Valley Inc ($905k), Marshalltown Area United Way ($906k) and Victory Cup Initiative Inc ($904k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 74% and program service revenue 26% of the total. Compensation of current officers, directors and key employees was $226k (19% of expenses). Other salaries and wages came to $70k. At year end it held assets of $1.1m against liabilities of $180k, net assets of $886k. It reported 1 employees.
Income and spending
Where the income comes from
- Contributions & grants 74%
- Program services 26%
- Other 0.4%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| United Way of the Concho Valley Inc | San Angelo | $905k |
| Marshalltown Area United Way | Marshalltown | $906k |
| Victory Cup Initiative Inc | Winter Park | $904k |
| Brooks Skilled Nursing Facility Holdings a Inc | Jacksonville | $907k |