Education Development Center Inc
300 Fifth Avenue Suite 2010, Waltham, MA · IRS data through FY2025
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2025 | $159,199,685 | $156,382,480 | $73,081,514 |
| FY2024 | $210,774,465 | $200,093,700 | $68,282,124 |
| FY2023 | $201,501,966 | $192,639,833 | $53,198,684 |
| FY2022 | $186,746,637 | $176,323,825 | $42,879,345 |
| FY2021 | $167,892,057 | $162,508,573 | $35,314,250 |
| FY2020 | $147,745,529 | $145,292,183 | $29,890,017 |
| FY2019 | $161,853,476 | $158,717,546 | $27,365,751 |
| FY2018 | $155,645,130 | $153,431,657 | $24,137,071 |
| FY2017 | $146,568,862 | $145,050,590 | $21,923,597 |
| FY2016 | $135,339,260 | $134,841,925 | $20,405,325 |
| FY2015 | $143,326,222 | $143,701,151 | $19,907,990 |
| FY2014 | $159,547,027 | $159,247,261 | $20,282,919 |
| FY2013 | $203,595,284 | $202,565,384 | $19,983,153 |
| FY2012 | $194,476,464 | $192,604,218 | $18,953,253 |
Form 990 filings
The returns filed by Education Development Center Inc (EIN 04-2241718), including Form 990 PDFs and e-file data by year, are available in ProPublica's Nonprofit Explorer. The figures on this page come from IRS data files built from those returns.
Where the revenue came from
| Source | Amount | % of revenue |
|---|---|---|
| Contributions & grants | $155,770,814 | 98% |
| Program service revenue | $934,330 | 1% |
| Other revenue | $2,494,541 | 2% |
Where the money was spent
| Category | Amount | % of expenses |
|---|---|---|
| Program services | $138,733,454 | 89% |
| Management & general | $17,649,026 | 11% |
| Fundraising | $0 | 0% |
What the numbers show
- Contributions & grants made up 98% of total revenue in FY2025.
- Program services accounted for 89% of functional expenses, management & general 11%, and fundraising 0%.
- 89% of functional expenses went to program services in FY2025.
- Net assets covered about 5.6 months of expenses at the end of the reporting year.
- Total revenue fell from $194,476,464 in FY2012 to $159,199,685 in FY2025. Revenue increased in 8 and decreased in 5 of 13 year-over-year comparisons.
- Expenses exceeded revenue in 1 of 14 reported years (FY2015).
- The highest revenue on record here is $210,774,465 in FY2024.
- Net assets grew from $18,953,253 to $73,081,514 between FY2012 and FY2025.
- Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (public charity).
Figures compared against other organizations of the same NTEE program area in the same state. See the methodology page for how these are calculated and the guide to reading nonprofit financials for their limits.
About this organization
Education Development Center, Inc. (EDC), is a global nonprofit with the mission to advance every person's journey to learn, work, and be well. Since 1958, we have been a leader in designing, implementing, and evaluating powerful and innovative programs in more than 80 countries.
IRS status
| Ruling year | 1960 |
| Subsection | 501(c)(3) |
| Classification | Public charity |
| Donations | Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (public charity). |
Source: Internal Revenue Service — Exempt Organizations Business Master File (downloaded November 4, 2026), Statistics of Income extracts, Form 990 e-file data, Publication 78 and the Automatic Revocation list. Figures are as reported by the organization; IRS processing may adjust them. This is not a charity rating and not tax advice. Confirm deductibility in IRS Tax Exempt Organization Search.
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