Edgewater Place Inc

Analysis

Edgewater Place Inc is a registered charity in United States, based in Plain City, OH. It received its IRS tax-exemption ruling in March 2019, 7 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 2023, Edgewater Place Inc reported income of $2.5m and spending of $3.1m, spending 123% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.5m to $2.5m (+2.2%), an average of +0.5% a year. Over the whole period it spent 103% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Edgewater Place Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 88th percentile within OH. Charities of a similar size with the same main cause include Homeward ($2.5m), Child Care Law Center ($2.5m) and Church of God Childrens Home of North Carolina Inc ($2.5m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 99% of the total. Other salaries and wages came to $1.8m. At year end it held assets of $7.8m against liabilities of $7.1m, net assets of $661k. It reported 53 employees.