Ed Block Courage Award Foundation

Analysis

Ed Block Courage Award Foundation is a registered charity in United States, based in Timonium, MD. It received its IRS tax-exemption ruling in November 1988, 38 years ago. 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 May 2023, Ed Block Courage Award Foundation reported income of $437k and spending of $400k, spending 92% of its income. Across the 5 years on record, from May 2019 to May 2023, income grew from $308k to $437k (+42%), an average of +9.1% a year. Over the whole period it spent 89% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Ed Block Courage Award Foundation sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 67th percentile within MD. Charities of a similar size with the same main cause include Northwest Institute for Contemporary Learning ($437k), Literacy Council Gulf Coast Inc ($437k) and West Alabama Chamber Foundation Inc ($437k).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 48% of the total. Other salaries and wages came to $111k. At year end it held assets of $706k against liabilities of $48k, net assets of $658k. It reported 5 employees.