Edhec America Inc

Analysis

Edhec America Inc is a registered charity in United States, based in Berkeley, CA. It received its IRS tax-exemption ruling in July 2020, 6 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 August 2023, Edhec America Inc reported income of $400k and spending of $442k, spending 111% of what it took in. Across the 2 years on record, from August 2022 to August 2023, income grew from $376k to $400k (+6.4%), an average of +6.4% a year. Over the whole period it spent 89% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Edhec America Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 68th percentile within CA. Charities of a similar size with the same main cause include Carthage R-9 School Foundation ($400k), Grace Evangelical Inc ($400k) and Scholars Academy Foundation for the Gifted ($400k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 111% of the total. Compensation of current officers, directors and key employees was $195k (44% of expenses). Other salaries and wages came to $25k. At year end it held assets of $189k against liabilities of $106k, net assets of $83k. It reported 1 employees.