Edward Waters University Inc
Only null% goes to programs Strong reserves
Edward Waters University Inc is a 501(c)(3) organization based in Jacksonville, Florida, registered in 1949, with $35,170,711 in FY2023 revenue. CharityIndex grades it B.
1658 Kings Rd, Jacksonville, FL, 32209 EIN 59-1146751 Since 1949
Revenue (FY2023)
$35.2M
▼ 4.4% vs prior year
Education median: $200K
Expenses (FY2023)
$34.2M
Net assets
$46.3M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
★★★★
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →—Program efficiency40% of the ratingNo expense breakdown in filings
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. Not scored for Edward Waters University Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). 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 Edward Waters University Inc: 16 mo reserves · +3% margin earns a A on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
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. Not scored for Edward Waters University Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 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 Edward Waters University Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
- Address
- 1658 Kings Rd, Jacksonville, FL, 32209
- City
- Jacksonville
- State
- Florida
- Category
- Education
- Subcategory
- Colleges & Universities
- Website
- …
Financial trends
Revenue grew from $25.0M (FY2013) to $35.2M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $9.7MNet assets $46.3M
Operating margin
2.8%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$56.0M
Total liabilities
$9.7M
Net assets
$46.3M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $35,170,711▼4.4% | $34,194,501▼3.4% | $46,307,379▲4.1% | $55,990,319▲2.5% | 990 |
| 2022 | $36,775,998▼20.0% | $35,410,151▼17.2% | $44,475,910▲4.3% | $54,643,771▼2.4% | 990 |
| 2021 | $45,994,382▲18.0% | $42,755,804▲46.9% | $42,656,287▲6.3% | $56,000,486▲11.4% | 990 |
| 2020 | $38,983,109▲34.7% | $29,108,705▲15.8% | $40,112,744▲34.4% | $50,251,624▲23.0% | 990 |
| 2019 | $28,944,971▲14.6% | $25,128,720▲2.2% | $29,841,904▲14.7% | $40,840,876▲11.1% | 990 |
| 2018 | $25,257,935▼8.3% | $24,589,150▼7.4% | $26,025,653▲2.7% | $36,745,114▲1.3% | 990 |
| 2017 | $27,544,760▲5.9% | $26,546,705▲5.6% | $25,339,591▲5.0% | $36,263,158▲1.4% | 990 |
| 2016 | $26,006,911▲7.9% | $25,148,661▲6.4% | $24,130,370▲5.4% | $35,777,321▼0.4% | 990 |
| 2015 | $24,097,401▼0.6% | $23,644,132▼1.1% | $22,903,257▲1.8% | $35,930,062▲2.9% | 990 |
| 2014 | $24,233,176▼3.2% | $23,908,145▲0.5% | $22,499,329▲0.9% | $34,905,387▲2.0% | 990 |
| 2013 | $25,038,239 | $23,788,358▲1.2% | $22,300,594▲5.9% | $34,205,634▼4.6% | 990 |
| 2012 | — | $23,496,289▲7.1% | $21,050,713▲4.7% | $35,870,886▲9.4% | 990 |
| 2011 | — | $21,945,481▼3.5% | $20,101,721▲16.3% | $32,778,725▲12.8% | 990 |
| 2010 | — | $22,734,607▼1.9% | $17,278,086▲8.6% | $29,061,151▼0.9% | 990 |
| 2009 | — | $23,178,486 | $15,913,532 | $29,335,098 | 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.
Grants received · $11.9M total
40 grants to Edward Waters University Inc totaling $11.9M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| United Negro College Fund Inc | Grants & scholarships, area office joint campaign | 2024 | $1,139,513 |
| National Christian Charitable Foundation | Education | 2024 | $35,398 |
| Educational Credit Management Corporation | Fafsa student support | 2024 | $31,677 |
| The Community Foundation For Greater Atlanta Inc | Education | 2024 | $10,000 |
| United Negro College Fund Inc | Grants & scholarships, area office joint campaign | 2023 | $1,227,544 |
| Volunteer Florida Foundation Inc | Jacksonville shooting funds | 2023 | $1,000,000 |
| Local Initiatives Support Corporation | See part iv | 2023 | $185,000 |
| Pga Tour Inc | General support | 2023 | $73,500 |
| St Vincents Health System Inc | Support of the new town success zone | 2023 | $10,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $10,000 |
| United States Tennis Association Inc | Program grant | 2023 | $6,000 |
| United Negro College Fund Inc | Grants & scholarships, area office joint campaign | 2022 | $1,166,244 |
| Local Initiatives Support Corporation | See part iv | 2022 | $60,250 |
| Pga Tour Inc | General support | 2022 | $25,000 |
| Stonier Scholarship Inc | General support to further the organization's purpose. | 2022 | $9,600 |
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Frequently asked questions
- Is Edward Waters University Inc a legitimate nonprofit?
- Yes. Edward Waters University Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 59-1146751, based in Jacksonville, Florida. Donations are tax-deductible.
- What is Edward Waters University Inc's EIN?
- Edward Waters University Inc's Employer Identification Number (EIN) is 59-1146751.
- How much revenue does Edward Waters University Inc report?
- Edward Waters University Inc reported $35,170,711 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- What financial grade does Edward Waters University Inc have?
- CharityIndex grades Edward Waters University Inc B, based on financial health (reserves and operating margin).
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Data for Edward Waters University Inc (EIN 59-1146751) 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.