Go-Edc Foundation
Analysis
Go-Edc Foundation is a registered charity in United States, based in Oshkosh, WI. It received its IRS tax-exemption ruling in September 2015, 11 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Go-Edc Foundation reported income of $141k and spending of $163k, spending 116% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $121k to $141k (+16%), an average of +3.8% a year. The sharpest change came in the year to December 2020, when income rose by 30%. Over the whole period it spent 93% of the income it received.
Among 19,475 United States charities whose main cause is community and economic development and that reported income, Go-Edc Foundation sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 45th percentile within WI. Charities of a similar size with the same main cause include Rhode Island Urban Business Incubator Inc ($141k), Southern Arizona Construction Career Days Inc ($141k) and Burton Friends and Neighbors Inc ($141k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. Other salaries and wages came to $101k. At year end it held assets of $279k against liabilities of $16k, net assets of $263k.
Income and spending
Where the income comes from
- Contributions & grants 97%
- Other 2.8%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Rhode Island Urban Business Incubator Inc | Providence | $141k |
| Southern Arizona Construction Career Days Inc | Tucson | $141k |
| Burton Friends and Neighbors Inc | Burton | $141k |
| Launchlkn Inc | Davidson | $141k |