Edpro Development Inc

Analysis

Edpro Development Inc is a registered charity in United States, based in Topsham, ME. It received its IRS tax-exemption ruling in July 2009, 17 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 2024, Edpro Development Inc reported income of $75k and spending of $152k, spending 203% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income fell from $113k to $75k (-34%), an average of -7.8% a year. Over the whole period it spent 149% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Edpro Development Inc sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 22nd percentile within ME. Charities of a similar size with the same main cause include Carbon County Historical Society ($75k), Alameda Civic Ballet ($75k) and West Liberty Heritage Foundation ($75k).

On its Form 990-EZ for the period ending June 2024, revenue came from program service revenue 100% of the total. At year end it held assets of $48k against liabilities of $6,764, net assets of $42k.

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.