Edge Mentoring Inc

Analysis

Edge Mentoring Inc is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in February 2016, 10 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Edge Mentoring Inc reported income of $692k and spending of $701k, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $673k to $692k (+2.8%), an average of +0.7% a year. The sharpest change came in the year to December 2021, when income rose by 82%. Over the whole period it spent 103% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Edge Mentoring Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 75th percentile within IN. Charities of a similar size with the same main cause include American Friends of Chabad Lubavitch Aruba Inc ($692k), Radstock Ministries ($692k) and Ferrante Ministries Inc ($691k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 85% and program service revenue 15% of the total. Compensation of current officers, directors and key employees was $89k (13% of expenses). Other salaries and wages came to $261k. At year end it held assets of $42k against liabilities of $0, net assets of $42k. It reported 9 employees.