Edinboro Market Inc

Analysis

Edinboro Market Inc is a registered charity in United States, based in Edinboro, PA. It received its IRS tax-exemption ruling in December 2018, 8 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 June 2024, Edinboro Market Inc reported income of $841k and spending of $485k, leaving 42% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $192k to $841k (+338%), an average of +45% a year. The sharpest change came in the year to June 2024, when income rose by 126%. Over the whole period it spent 79% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Edinboro Market Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 76th percentile within PA. Charities of a similar size with the same main cause include Westedge Foundation Inc ($840k), Jamaica Center Improvement ($841k) and Gwscpa Educational Foundation Inc ($840k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 56% and program service revenue 44% of the total. Other salaries and wages came to $70k. At year end it held assets of $628k against liabilities of $190k, net assets of $438k. It reported 9 employees.