Edify

Analysis

Edify is a registered charity in United States, based in San Diego, CA. It received its IRS tax-exemption ruling in October 2009, 17 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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 September 2023, Edify reported income of $13.0m and spending of $12.7m, spending 98% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $6.9m to $13.0m (+89%), an average of +17% a year. The sharpest change came in the year to September 2022, when income rose by 24%. Over the whole period it spent 92% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Edify sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within CA. Charities of a similar size with the same main cause include Henry L Stimson Center ($13.0m), Reach Now International Inc ($13.1m) and Making a Difference Foundation ($12.9m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 99% and program service revenue 0.4% of the total. Compensation of current officers, directors and key employees was $416k (3.3% of expenses). Other salaries and wages came to $1.9m. At year end it held assets of $7.7m against liabilities of $410k, net assets of $7.3m. It reported 34 employees.