Edison Park Elementary Foundation

Analysis

Edison Park Elementary Foundation is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in June 2020, 6 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, Edison Park Elementary Foundation reported income of $77k and spending of $26k, leaving 66% of income unspent that year. Across the 6 years on record, from December 2017 to December 2023, income grew from $51k to $77k (+51%), an average of +8.7% a year. The sharpest change came in the year to December 2023, when income rose by 1625%. Over the whole period it spent 82% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Edison Park Elementary Foundation sits at the 33rd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 31st percentile within IL. Charities of a similar size with the same main cause include Elkmont High School Foundation ($77k), Comparative Gastroenterology Society ($77k) and Pilot Point Bearcat Band Boosters ($77k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 77% of the total. At year end it held assets of $1 against liabilities of $0, net assets of $1.