Educational Divide Reform Inc

Analysis

Educational Divide Reform Inc is a registered charity in United States, based in Cambridge, MA. It received its IRS tax-exemption ruling in August 2014, 12 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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 December 2023, Educational Divide Reform Inc reported income of $368k and spending of $396k, spending 108% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $181k to $368k (+103%), an average of +19% a year. The sharpest change came in the year to December 2021, when income rose by 572%. Over the whole period it spent 131% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Educational Divide Reform Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 66th percentile within MA. Charities of a similar size with the same main cause include New Life Ministries Inc ($368k), LA Crosse Public Education Foundation Inc ($368k) and Housing Foundation ($368k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 4.0% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $61k (15% of expenses). Other salaries and wages came to $90k. At year end it held assets of $1,739 against liabilities of $387k, net assets of -$385k. It reported 6 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.