Edit Inc

Analysis

Edit Inc is a registered charity in United States, based in Lakewood, CO. It received its IRS tax-exemption ruling in January 1979, 47 years ago. Its declared purposes cover diseases, disorders and medical disciplines, which this site groups under health and saving lives. 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 December 2023, Edit Inc reported income of $57k and spending of $56k, spending 99% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $57k to $57k (-1.1%), an average of -1.1% a year. Over the whole period it spent 95% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Edit Inc sits at the 18th percentile: it is larger than about 18% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 19th percentile within CO. Charities of a similar size with the same main cause include Forever Fighters ($57k), Friends of the British Columbia Cancer Foundation US ($57k) and Vaca Valley Alano Club ($57k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 84% of the total. At year end it held assets of $343k against liabilities of $29k, net assets of $314k.