Fields Edge

Analysis

Fields Edge is a registered charity in United States, based in Midland, TX. It received its IRS tax-exemption ruling in March 2017, 9 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Fields Edge reported income of $1.3m and spending of $1.2m, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.1m to $1.3m (-39%), an average of -12% a year. The sharpest change came in the year to December 2022, when income dropped by 54%. Over the whole period it spent 42% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Fields Edge sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 86th percentile within TX. Charities of a similar size with the same main cause include Geriatric Living Solutions ($1.3m), Harbor Homes of Marthas Vineyard ($1.3m) and Presbyterian Apartments at 58th Street Inc ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 86% and program service revenue 13% of the total. Other salaries and wages came to $318k. At year end it held assets of $5.3m against liabilities of $15k, net assets of $5.3m. It reported 6 employees.