E2d Inc

Analysis

E2d Inc is a registered charity in United States, based in Davidson, NC. It received its IRS tax-exemption ruling in December 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, E2d Inc reported income of $1.8m and spending of $1.5m, spending 85% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $494k to $1.8m (+257%), an average of +37% a year. The sharpest change came in the year to December 2020, when income rose by 119%. Over the whole period it spent 81% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, E2d Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 86th percentile within NC. Charities of a similar size with the same main cause include Crestview Academy Inc ($1.8m), Pave Inc ($1.8m) and Ambleside Ocala Inc ($1.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 71% and program service revenue 28% of the total. Compensation of current officers, directors and key employees was $99k (6.6% of expenses). Other salaries and wages came to $927k. At year end it held assets of $1.2m against liabilities of $47k, net assets of $1.1m. It reported 94 employees.