Edge Learning Inc

Analysis

Edge Learning Inc is a registered charity in United States, based in Akron, OH. It received its IRS tax-exemption ruling in March 1999, 27 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 June 2023, Edge Learning Inc reported income of $3.5m and spending of $3.1m, spending 88% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.5m to $3.5m (+42%), an average of +9.1% a year. The sharpest change came in the year to June 2022, when income rose by 27%. Over the whole period it spent 91% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Edge Learning Inc sits at the 87th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 90th percentile within OH. Charities of a similar size with the same main cause include Club Pure Inc ($3.5m), Geo Academies Inc ($3.5m) and Nor-Je-Nes Inc ($3.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $1.6m. At year end it held assets of $3.2m against liabilities of $4.2m, net assets of -$1.0m. It reported 43 employees.