Edcenter Inc

Analysis

Edcenter Inc is a registered charity in United States, based in Orlando, FL. It received its IRS tax-exemption ruling in October 2015, 11 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Edcenter Inc reported income of $58k and spending of $61k, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $139k to $58k (-58%), an average of -20% a year. The sharpest change came in the year to December 2020, when income dropped by 72%. Over the whole period it spent 102% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Edcenter Inc sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 26th percentile within FL. Charities of a similar size with the same main cause include Lookup Incubator Inc ($58k), Wildcat Hockey Booster Club ($58k) and Tenney Memorial Library Inc ($58k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.2% and program service revenue 99% of the total. At year end it held assets of $2,076 against liabilities of $0, net assets of $2,076.