Edenwald Scholarship Fund Inc

Analysis

Edenwald Scholarship Fund Inc is a registered charity in United States, based in Towson, MD. It received its IRS tax-exemption ruling in January 2024, 2 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 December 2023, Edenwald Scholarship Fund Inc reported income of $258k and spending of $555k, spending 215% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $101k to $258k (+155%), an average of +26% a year. The sharpest change came in the year to December 2023, when income rose by 105%. Over the whole period it spent 160% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Edenwald Scholarship Fund Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 59th percentile within MD. Charities of a similar size with the same main cause include Alumni Association of the State University of New York at Stony BR ($258k), Street Books ($258k) and Westbrook Nature Preschool ($258k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 65% of the total. At year end it held assets of $595k against liabilities of $0, net assets of $595k.