Edfuel

Analysis

Edfuel is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in March 2014, 12 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Edfuel reported income of $3.0m and spending of $2.7m, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.4m to $3.0m (+117%), an average of +21% a year. The sharpest change came in the year to December 2023, when income rose by 35%. Over the whole period it spent 88% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Edfuel sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 73rd percentile within DC. Charities of a similar size with the same main cause include National Caucus of Environmental Legislators ($3.0m), Employee Assistance Foundation ($3.0m) and Selwyn School ($3.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 26% and program service revenue 73% of the total. Compensation of current officers, directors and key employees was $627k (23% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $2.0m against liabilities of $409k, net assets of $1.6m. It reported 13 employees.