Edison Neighborhood Association Inc

Analysis

Edison Neighborhood Association Inc is a registered charity in United States, based in Kalamazoo, MI. It received its IRS tax-exemption ruling in April 1980, 46 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Edison Neighborhood Association Inc reported income of $375k and spending of $258k, leaving 31% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $151k to $375k (+149%), an average of +26% a year. The sharpest change came in the year to December 2020, when income rose by 53%. Over the whole period it spent 72% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Edison Neighborhood Association Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 65th percentile within MI. Charities of a similar size with the same main cause include Globalpittsburgh ($375k), Boston Farms Community Land Trust Inc ($375k) and City Center Waco ($375k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 90% of the total. Other salaries and wages came to $140k. At year end it held assets of $612k against liabilities of $31k, net assets of $581k. It reported 7 employees.