Edwards Day Care Homes Inc

Analysis

Edwards Day Care Homes Inc is a registered charity in United States, based in Coldwater, MS. It received its IRS tax-exemption ruling in August 1989, 37 years ago. 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, Edwards Day Care Homes Inc reported income of $400k and spending of $400k, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $328k to $400k (+22%), an average of +5.1% a year. The sharpest change came in the year to December 2020, when income dropped by 100%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Edwards Day Care Homes Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 68th percentile within MS. Charities of a similar size with the same main cause include American Ukrainian Youth Association of Palatine ($400k), New York Festival of Song Inc ($400k) and New Mexico Art League Inc ($400k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 78% and program service revenue 22% of the total. Other salaries and wages came to $89k. At year end it held assets of $400k against liabilities of $400k, net assets of $0.