Edesia Inc
97% goes to programs $5 to raise $100 Strong reserves Growing revenue
Edesia Inc is a 501(c)(3) organization based in N Kingstown, Rhode Island, registered in 2009, with $104,212,476 in FY2024 revenue. CharityIndex grades it A+, and it directs about 97% of spending to programs.
550 Romano Vineyard Way, N Kingstown, RI, 02852 EIN 26-0359866 Since 2009
Revenue (FY2024)
$104.2M
▼ 43.9% vs prior year
Food & Agriculture median: $197K
Expenses (FY2024)
$101.6M
Net assets
$139.5M
Employees
174
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A+
A+Program efficiency40% of the rating97% to programs · $5 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Edesia Inc: 97% to programs · $5 to raise $100 earns a A+ on this criterion. See the exact thresholds →
AFinancial health25% of the rating16 mo reserves · +3% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Edesia Inc: 16 mo reserves · +3% margin earns a A on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Edesia Inc: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
ATransparency10% of the rating4 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Edesia Inc: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
To treat and prevent malnutrition in the world's most vulnerable populations.
Contact & location
- Address
- 550 Romano Vineyard Way, N Kingstown, RI, 02852
- City
- N Kingstown
- State
- Rhode Island
- Category
- Food, Agriculture & Nutrition
- Subcategory
- Food Programs & Banks
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $21.6M (FY2013) to $104.2M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $22.7MNet assets $139.5M
Operating margin
2.5%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$162.3M
Total liabilities
$22.7M
Net assets
$139.5M
Salaries & benefits
$13.9M
14% of expenses
Board members
7
7 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $104,212,476▼43.9% | $101,556,712▲3.8% | $139,518,566▲3.1% | $162,254,713▲4.8% | 990 |
| 2023 | $185,704,101▲117% | $97,811,211▲26.5% | $135,285,530▲190% | $154,844,635▲141% | 990 |
| 2022 | $85,460,693▲30.6% | $77,331,660▲33.9% | $46,611,154▲19.6% | $64,305,173▲52.3% | 990 |
| 2021 | $65,418,619▲43.9% | $57,736,111▲35.5% | $38,966,342▲25.0% | $42,213,514▲21.9% | 990 |
| 2020 | $45,463,901▼28.7% | $42,596,303▼23.4% | $31,181,289▲10.1% | $34,638,112▲2.7% | 990 |
| 2019 | $63,750,936▲61.5% | $55,633,051▲50.3% | $28,313,691▲40.2% | $33,727,069▲30.2% | 990 |
| 2018 | $39,480,147▼1.2% | $37,025,996▲1.9% | $20,195,806▲13.8% | $25,897,805▲9.6% | 990 |
| 2017 | $39,975,887▲74.2% | $36,331,391▲60.4% | $17,741,655▲25.9% | $23,626,036▲4.3% | 990 |
| 2016 | $22,948,623▼23.8% | $22,652,632▼13.8% | $14,097,159▲2.1% | $22,641,755▲18.1% | 990 |
| 2015 | $30,104,273▲16.6% | $26,286,497▲19.9% | $13,801,168▲38.2% | $19,171,524▲61.0% | 990 |
| 2014 | $25,811,912▲19.3% | $21,919,594▲18.4% | $9,983,392▲63.9% | $11,908,250▲42.6% | 990 |
| 2013 | $21,628,579 | $18,509,112▲49.2% | $6,091,074▲105% | $8,348,975▲13.0% | 990 |
| 2012 | — | $12,409,175▲7.1% | $2,971,607▲32.7% | $7,390,840▲9.7% | 990 |
| 2011 | — | $11,581,614▲77.0% | $2,238,876▲74.5% | $6,738,282▲18.1% | 990 |
| 2010 | — | $6,543,715 | $1,283,020 | $5,703,380 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2024)
Highest-paid: Brian O'farrell — $241,562 (0.24% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Brian O'farrell | Chief Financial Officer | 40 | $241,562 |
| Andrew Kamara | Vice President of Operations | 40 | $198,106 |
| Daniel Adigun | Director of Quality | 40 | $189,504 |
| Brian Dugas | Director of It | 40 | $188,854 |
| Tom Stehl | Vice President of Growth | 40 | $182,848 |
| Maria Kasparian | Vice President of Strategic Partnerships | 40 | $172,716 |
| Caroline Ogonowski | Chief of Staff | 40 | $165,704 |
| Adeline Lescanne | Director | 1 | — |
| Bonnie Glick | Director | 1 | — |
| Dele Olojede | Director | 1 | — |
| Dolf Van Der Brink | Director | 1 | — |
| Kristen Grimm | Director | 1 | — |
| Lynee Utter | Director | 1 | — |
| Navyn Salem | President | 40 | — |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Total Quality Logistics | Logisitcs and Trucking | $2,944,286 |
| World Distribution Services LLC | Warehousing and Logisitics | $1,965,604 |
| Eurofins Microbiology Laboratories Inc | Quality Testing | $511,842 |
| Banneker Supply Chain Solutions Inc | Warehousing and Logisitics | $436,189 |
| Rhody Transportation | Warehousing and Logisitics | $419,863 |
Grants received · $71.7M total
76 grants to Edesia Inc totaling $71.7M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| American Endowment Foundation | Food, nutrition | 2024 | $27,500 |
| Gs Donor Advised Philanthropy Fund For Wealth Management Inc | Community & human services | 2024 | $20,000 |
| Paypal Charitable Giving Fund | General support | 2024 | $5,153 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $65,263,475 |
| National Philanthropic Tr | Education | 2023 | $2,000,250 |
| Greater Washington Community Foundation | General support | 2023 | $500,000 |
| Paypal Charitable Giving Fund | — | 2023 | $51,007 |
| Boston Foundation Inc | Operating support/annual fund | 2023 | $50,000 |
| Donor Advised Charitable Giving | Human services | 2023 | $30,850 |
| Vanguard Charitable Endowment Program | For recipient's exempt purpose | 2023 | $13,000 |
| Jewish Communal Fund | In furtherance of grantee's tax-exempt purpose | 2023 | $10,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2022 | $277,401 |
| National Philanthropic Tr | Health | 2022 | $130,000 |
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2022 | $60,000 |
| Boston Foundation Inc | Operating support/annual fund | 2022 | $50,000 |
Grants made · $1.4M in FY2024
4 grants totaling $1.4M in FY2024. All grants made by Edesia Inc →
| Recipient | Purpose | Amount |
|---|---|---|
| Meds & Food For Kids | Program support | $998,000 |
| Mayan Health Initiative Nfp | Program support | $201,450 |
| Alight | Program support | $83,750 |
| Action Against Hunger USA | Program support | $73,530 |
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Frequently asked questions
- Is Edesia Inc a legitimate nonprofit?
- Yes. Edesia Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 26-0359866, based in N Kingstown, Rhode Island. Donations are tax-deductible.
- What is Edesia Inc's EIN?
- Edesia Inc's Employer Identification Number (EIN) is 26-0359866.
- How much revenue does Edesia Inc report?
- Edesia Inc reported $104,212,476 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Edesia Inc's spending goes to programs?
- Edesia Inc spends about 97% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Edesia Inc have?
- CharityIndex grades Edesia Inc A+, based on program efficiency and fundraising cost.
- How much does Edesia Inc's highest-paid employee make?
- The highest reported compensation on Edesia Inc's latest Form 990 is $241,562, paid to Brian O'farrell (Chief Financial Officer).
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Data for Edesia Inc (EIN 26-0359866) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.