Edge for Tomorrow

Analysis

Edge for Tomorrow is a registered charity in United States, based in Wilmington, DE. It received its IRS tax-exemption ruling in February 2019, 7 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Edge for Tomorrow reported income of $374k and spending of $226k, leaving 40% of income unspent that year. Across the 3 years on record, from December 2020 to December 2023, income grew from $242k to $374k (+55%), an average of +24% a year. The sharpest change came in the year to December 2023, when income rose by 41%. Over the whole period it spent 61% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Edge for Tomorrow sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 60th percentile within DE. Charities of a similar size with the same main cause include San Joaquin Community Data Council San Joaquin Community Data Coopera ($374k), City Center Waco ($375k) and Data Visualization Society ($374k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $39k (17% of expenses). Other salaries and wages came to $101k. It paid $9,632 in professional fundraising fees. At year end it held assets of $421k against liabilities of $3,233, net assets of $417k. It reported 17 employees.