Edinburgh Square Foundation

Analysis

Edinburgh Square Foundation is a registered charity in United States, based in Roanoke, VA. It received its IRS tax-exemption ruling in April 1988, 38 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 September 2023, Edinburgh Square Foundation reported income of $1.4m and spending of $1.2m, spending 90% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $1.3m to $1.4m (+7.9%), an average of +1.9% a year. Over the whole period it spent 89% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Edinburgh Square Foundation sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 83rd percentile within VA. Charities of a similar size with the same main cause include Mount Ephraim Community Development Corporation ($1.4m), National Church Residences of ($1.4m) and Seaview Lutheran Plaza Inc ($1.4m).

On its Form 990 for the period ending September 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $259k. At year end it held assets of $3.4m against liabilities of $3.4m, net assets of $1,321. It reported 6 employees.