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Edwards Initiative Inc

RegisteredEIN 81-2871637Cincinnati, OHOther charitable purposes
Income$516k2023-12
Spending$126ksame year
Spent / received44%3-year average
Size in its cause69th pctOther charitable purposes
Exempt since2017Publicly supported organisat
Employees0latest return

Analysis

Edwards Initiative Inc is a registered charity in United States, based in Cincinnati, OH. It received its IRS tax-exemption ruling in February 2017, 9 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 December 2023, Edwards Initiative Inc reported income of $516k and spending of $126k, leaving 76% of income unspent that year. Across the 3 years on record, from December 2019 to December 2023, income grew from $205k to $516k (+152%), an average of +59% a year. The sharpest change came in the year to December 2023, when income rose by 637%. Over the whole period it spent 44% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Edwards Initiative Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 71st percentile within OH. Charities of a similar size with the same main cause include National Church Residences of Kansas City Mo ($516k), National Alliance of Recovery Residences Inc ($516k) and Destiny Church ($516k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $437k against liabilities of $0, net assets of $437k.

Income and spending

$0$129k$258k$387k$516k2019 Income: $205,0002019 Spending: $149,83920192022 Income: $70,0002022 Spending: $71,97320222023 Income: $515,6642023 Spending: $126,0402023
IncomeSpending

Where the income comes from

  • Contributions & grants 100%

Similar-sized charities, same cause

CharityLocationIncome
National Church Residences of Kansas City MoColumbus$516k
National Alliance of Recovery Residences IncSaint Paul$516k
Destiny ChurchDamascus$516k
Collins Group IncWindsor$516k