Ediths House Inc

Analysis

Ediths House Inc is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in September 2019, 7 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Ediths House Inc reported income of $483k and spending of $370k, leaving 23% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $33k to $483k (+1347%), an average of +1348% a year. The sharpest change came in the year to December 2023, when income rose by 1347%. Over the whole period it spent 77% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Ediths House Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 69th percentile within MN. Charities of a similar size with the same main cause include House of Eli Inc ($482k), Smiles Charity Inc ($483k) and The Fam ($482k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $21k. At year end it held assets of $277k against liabilities of $4,721, net assets of $272k. It reported 5 employees.