Edgewood Athletic Association Inc

Analysis

Edgewood Athletic Association Inc is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in November 1991, 35 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2024, Edgewood Athletic Association Inc reported income of $198k and spending of $226k, spending 114% of what it took in. Across the 5 years on record, from August 2020 to August 2024, income grew from $46k to $198k (+327%), an average of +44% a year. The sharpest change came in the year to August 2021, when income rose by 342%. Over the whole period it spent 99% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Edgewood Athletic Association Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 53rd percentile within IN. Charities of a similar size with the same main cause include Uga Hockey Foundation ($198k), Cary Basketball Association ($198k) and Snohomish Boys Lacrosse Club ($198k).

On its Form 990 for the period ending August 2024, revenue came from contributions and grants 6.0% and program service revenue 94% of the total. At year end it held assets of $735k against liabilities of $0, net assets of $735k.