Edwins Foundation

Analysis

Edwins Foundation is a registered charity in United States, based in Cleveland HTS, OH. It received its IRS tax-exemption ruling in June 2016, 10 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 July 2023, Edwins Foundation reported income of $1.7m and spending of $1.6m, spending 91% of its income. Across the 5 years on record, from July 2019 to July 2023, income grew from $971k to $1.7m (+78%), an average of +16% a year. The sharpest change came in the year to July 2021, when income rose by 45%. Over the whole period it spent 80% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Edwins Foundation sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 85th percentile within OH. Charities of a similar size with the same main cause include H O U S E Inc ($1.7m), Mountain Community Action Program Corp ($1.7m) and Gateway House Inc ($1.7m).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 73% of the total. Other salaries and wages came to $543k. At year end it held assets of $2.7m against liabilities of $292k, net assets of $2.4m. It reported 92 employees.