Edquest Incorporated

Analysis

Edquest Incorporated is a registered charity in United States, based in Woodbury, MN. It received its IRS tax-exemption ruling in May 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, Edquest Incorporated reported income of $163k and spending of $152k, spending 94% of its income. Across the 4 years on record, from December 2019 to December 2023, income grew from $47k to $163k (+250%), an average of +52% a year. The sharpest change came in the year to December 2023, when income rose by 329%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Edquest Incorporated sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 47th percentile within MN. Charities of a similar size with the same main cause include All Florida County Bail Bonds Association Inc ($163k), Massachusetts Chapter of the American College of Surgeons Inc ($163k) and Friends of the Murrita Library ($163k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% and program service revenue 8.0% of the total. At year end it held assets of $11k against liabilities of $0, net assets of $11k.