Ednium the Alumni Collective Inc

Analysis

Ednium the Alumni Collective Inc is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in November 2021, 5 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, Ednium the Alumni Collective Inc reported income of $672k and spending of $702k, spending 105% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $670k to $672k (+0.2%), an average of +0.2% a year. Over the whole period it spent 86% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Ednium the Alumni Collective Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 73rd percentile within CO. Charities of a similar size with the same main cause include Christermon Foundation ($672k), Colegio Christiano En Nicaragua Inc ($672k) and International House Davis ($671k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 85% and program service revenue 15% of the total. Compensation of current officers, directors and key employees was $140k (20% of expenses). Other salaries and wages came to $235k. At year end it held assets of $383k against liabilities of $21k, net assets of $363k. It reported 6 employees.