Edwins Leadership and Restaurantinstitute

Analysis

Edwins Leadership and Restaurantinstitute is a registered charity in United States, based in Cleveland HTS, OH. It received its IRS tax-exemption ruling in February 2008, 18 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending July 2023, Edwins Leadership and Restaurantinstitute reported income of $2.7m and spending of $2.9m, spending 105% of its income. Across the 5 years on record, from July 2019 to July 2023, income grew from $2.2m to $2.7m (+27%), an average of +6.2% a year. The sharpest change came in the year to July 2020, when income rose by 16%. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Edwins Leadership and Restaurantinstitute sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 88th percentile within OH. Charities of a similar size with the same main cause include North Clackamas Christian School ($2.7m), The Montessori School ($2.7m) and Sunshine Academy of Oakland Park Inc ($2.7m).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 63% and program service revenue 4.7% of the total. Compensation of current officers, directors and key employees was $164k (5.7% of expenses). Other salaries and wages came to $1.5m. At year end it held assets of $816k against liabilities of $616k, net assets of $200k. It reported 55 employees.