Edgemoor Community Center Inc

Analysis

Edgemoor Community Center Inc is a registered charity in United States, based in Wilmington, DE. It received its IRS tax-exemption ruling in June 1980, 46 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2023, Edgemoor Community Center Inc reported income of $2.6m and spending of $2.8m, spending 109% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.5m to $2.6m (+76%), an average of +15% a year. The sharpest change came in the year to June 2020, when income rose by 76%. Over the whole period it spent 86% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Edgemoor Community Center Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 87th percentile within DE. Charities of a similar size with the same main cause include Kates Club Inc ($2.6m), Cambodian Childrens Fund Endowment ($2.6m) and Niles Township Food Pantry Foundation ($2.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 81% and program service revenue 17% of the total. Compensation of current officers, directors and key employees was $76k (2.7% of expenses). Other salaries and wages came to $1.4m. At year end it held assets of $4.5m against liabilities of $96k, net assets of $4.4m. It reported 62 employees.