Foundation for Eds Inc

Analysis

Foundation for Eds Inc is a registered charity in United States, based in Augusta, GA. It received its IRS tax-exemption ruling in May 2014, 12 years ago. Its declared purposes cover youth development, which this site groups under children and youth 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, Foundation for Eds Inc reported income of $237k and spending of $398k, spending 168% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.7m to $237k (-86%), an average of -39% a year. The sharpest change came in the year to December 2022, when income dropped by 71%. Over the whole period it spent 35% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Foundation for Eds Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 61st percentile within GA. Charities of a similar size with the same main cause include Saturday Place ($237k), Culver Community Youth Center Foundation ($238k) and Bradleys Beautiful Bouquets Inc ($237k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $6.5m against liabilities of $446k, net assets of $6.1m.