Edelweiss House Inc

Analysis

Edelweiss House Inc is a registered charity in United States, based in New Point, IN. It received its IRS tax-exemption ruling in August 1997, 29 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2023, Edelweiss House Inc reported income of $195k and spending of $151k, leaving 22% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $95k to $195k (+105%), an average of +20% a year. The sharpest change came in the year to December 2020, when income rose by 77%. Over the whole period it spent 76% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Edelweiss House Inc sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 52nd percentile within IN. Charities of a similar size with the same main cause include Community Outreach Behavioral Services Inc ($195k), Southwest Wyoming Pregnancy Resource Center ($195k) and Big Waters Federation ($195k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 34% and program service revenue 23% of the total. At year end it held assets of $1.0m against liabilities of $107k, net assets of $912k.