Edna Education Foundation

Analysis

Edna Education Foundation is a registered charity in United States, based in Edna, TX. It received its IRS tax-exemption ruling in November 2017, 9 years ago. Its declared purposes cover education, which this site groups under education and training. 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 August 2023, Edna Education Foundation reported income of $400k and spending of $947k, spending 237% of what it took in. Across the 3 years on record, from August 2021 to August 2023, income fell from $687k to $400k (-42%), an average of -24% a year. The sharpest change came in the year to August 2022, when income dropped by 32%. Over the whole period it spent 68% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Edna Education Foundation sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 71st percentile within TX. Charities of a similar size with the same main cause include Center for Metal Arts Inc ($400k), Monte Vista Montessori ($400k) and Cornerstone Christian Schools Inc ($400k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 92% of the total. At year end it held assets of $579k against liabilities of $0, net assets of $579k.