Edheads

Analysis

Edheads is a registered charity in United States, based in Galloway, OH. It received its IRS tax-exemption ruling in January 2002, 24 years ago. Its declared purposes cover education, which this site groups under education and training. 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 2023, Edheads reported income of $104k and spending of $84k, spending 81% of its income. Across the 2 years on record, from June 2022 to June 2023, income grew from $48k to $104k (+114%), an average of +114% a year. The sharpest change came in the year to June 2023, when income rose by 114%. Over the whole period it spent 85% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Edheads sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 38th percentile within OH. Charities of a similar size with the same main cause include Aligarh Alumni Association of Atlanta ($104k), Durham PTS ($104k) and Auburn Public Schools Foundation ($104k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 93% of the total. At year end it held assets of $25k against liabilities of $41k, net assets of -$15k.