Edison Foundation

Analysis

Edison Foundation is a registered charity in United States, based in Piqua, OH. It received its IRS tax-exemption ruling in June 1993, 33 years ago. Its declared purposes cover unknown, which this site groups under other charitable 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 June 2024, Edison Foundation reported income of $1.1m and spending of $435k, leaving 61% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $397k to $1.1m (+181%), an average of +30% a year. The sharpest change came in the year to June 2024, when income rose by 124%. Over the whole period it spent 90% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Edison Foundation sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 81st percentile within OH. Charities of a similar size with the same main cause include Missouri Community Improvement Industries Inc ($1.1m), New Mexico Endowment for the Humanities ($1.1m) and Road Runners of America Club ($1.1m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 93% of the total. At year end it held assets of $4.6m against liabilities of $25k, net assets of $4.5m.