Edward G Irvin Foundation

Analysis

Edward G Irvin Foundation is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in April 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Edward G Irvin Foundation reported income of $162k and spending of $184k, spending 113% of what it took in. Across the 6 years on record, from September 2018 to September 2023, income fell from $235k to $162k (-31%), an average of -7.1% a year. The sharpest change came in the year to September 2020, when income rose by 122%. Over the whole period it spent 79% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Edward G Irvin Foundation sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 50th percentile within IL. Charities of a similar size with the same main cause include Catholic Diocese of Salina Education Fund ($162k), Tom P Haney Education Foundation Inc ($162k) and CM Quarterback Club ($162k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $1.2m against liabilities of $3,922, net assets of $1.2m.