The Ed Ladder

Analysis

The Ed Ladder is a registered charity in United States, based in San Diego, CA. It received its IRS tax-exemption ruling in January 2013, 13 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2023, The Ed Ladder reported income of $1.0m and spending of $776k, leaving 24% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $379k to $1.0m (+168%), an average of +28% a year. The sharpest change came in the year to June 2022, when income rose by 88%. Over the whole period it spent 85% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, The Ed Ladder sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 80th percentile within CA. Charities of a similar size with the same main cause include Opportunity Project Inc ($1.0m), Womens Alliance Incorporated ($1.0m) and Hawaii State Coalition Against Domestic Violence ($1.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.0% and program service revenue 100% of the total. Compensation of current officers, directors and key employees was $75k (9.7% of expenses). Other salaries and wages came to $548k. At year end it held assets of $526k against liabilities of $87k, net assets of $439k. It reported 84 employees.