Village at St Edward Foundation

Analysis

Village at St Edward Foundation is a registered charity in United States, based in Fairlawn, OH. It received its IRS tax-exemption ruling in January 2002, 24 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Village at St Edward Foundation reported income of $1.4m and spending of $745k, leaving 48% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $738k to $1.4m (+96%), an average of +18% a year. The sharpest change came in the year to December 2022, when income rose by 82%. Over the whole period it spent 56% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Village at St Edward Foundation sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 83rd percentile within OH. Charities of a similar size with the same main cause include Pass It on Center ($1.4m), Cradle and Crayon Inc ($1.4m) and Chester Agricultural Center Inc ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 31% of the total. Other salaries and wages came to $224k. At year end it held assets of $13.9m against liabilities of $27k, net assets of $13.9m.