Eddr Foundation

Analysis

Eddr Foundation is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in December 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 June 2024, Eddr Foundation reported income of $3.0m and spending of $3.0m, spending 100% of its income. Across the 3 years on record, from June 2022 to June 2024, income grew from $1.1m to $3.0m (+178%), an average of +67% a year. The sharpest change came in the year to June 2024, when income rose by 117%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Eddr Foundation sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 89th percentile within IL. Charities of a similar size with the same main cause include Sacred Selections ($3.0m), Presbyterian Home for Children ($3.0m) and Lange Foundation ($3.0m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $1.5m. At year end it held assets of $2.0m against liabilities of $1.9m, net assets of $28k.