Edtogether

Analysis

Edtogether is a registered charity in United States, based in Boston, MA. It received its IRS tax-exemption ruling in October 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 December 2023, Edtogether reported income of $253k and spending of $172k, leaving 32% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $214k to $253k (+18%), an average of +4.3% a year. The sharpest change came in the year to December 2023, when income rose by 36%. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Edtogether sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 61st percentile within MA. Charities of a similar size with the same main cause include Maryland Diaper Bank ($253k), Inner City Youth Tennis Opportunities ($253k) and Project Giveback Community Service Organization ($253k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 52% and program service revenue 48% of the total. Compensation of current officers, directors and key employees was $83k (48% of expenses). Other salaries and wages came to $46k. At year end it held assets of $135k against liabilities of $2,708, net assets of $132k. It reported 2 employees.