Edgewood University Inc

Analysis

Edgewood University Inc is a registered charity in United States, based in Madison, WI. It received its IRS tax-exemption ruling in March 1946, 80 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Edgewood University Inc reported income of $59.0m and spending of $59.6m, spending 101% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $62.9m to $59.0m (-6.2%), an average of -1.6% a year. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Edgewood University Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within WI. Charities of a similar size with the same main cause include Grafton School Incorporated ($58.9m), Peddie School ($59.0m) and John Adams Academies Inc ($58.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 5.2% and program service revenue 90% of the total. Compensation of current officers, directors and key employees was $938k (1.6% of expenses). Other salaries and wages came to $20.2m. At year end it held assets of $154.6m against liabilities of $17.0m, net assets of $137.6m. It reported 1,095 employees.