Education Development Center
Education Development Center reported $159.2 million in revenue and $156.4 million in expenses for the fiscal year ending September 30, 2025. Of every $100 it spent, $88.71 went to program services, $11.29 to management and general costs and $0.00 to fundraising. Its largest source of revenue was contributions and grants: 97.8% of the total. Government grants made up 97.2%. The highest compensation it reported for one person was $490,250 (CEO eff March 25, 2025). 277 people received more than $100,000 in reportable compensation. Revenue rose 8% between FY2020 and FY2025. Source: Form 990, FY2025.
Where $100 of spending went
The fiscal year ending September 30, 2025 · Form 990, Part IX, line 25 · total expenses $156MFor context, the median across 2,433 covered unclassified charities: $88.27 programs, $11.68 management, $0.05 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
The fiscal year ending September 30, 2025 · Form 990, Part VIII · total revenue $159MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 88.7% | 86.7% |
| Management & general Part IX 25(C) ÷ 25(A) | 11.3% | 11.5% |
| Fundraising Part IX 25(D) ÷ 25(A) | 0.0% | 0.0% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.00 | $0.01 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 97.8% | 29.9% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 97.2% | 3.8% |
| Program service revenue share Part VIII 2g ÷ 12 | 0.6% | 58.9% |
| Highest reported compensation Part VII-A, columns D–F | $490,250 | $301,601 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 0.31% | 1.38% |
| People paid over $100,000 Part VII, line 2 | 277 | 6 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 5.6 | 6.8 |
| Independent voting board members Part VI 1a–1b | 14 of 15 | 100.0% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
FY2025 · Form 990, Part III · the three largest programs by expenseInternational Development Division In 2025, EDC's international work advanced the organization's mission and four ambitions stated above. We have continued to bring in new work from non-U.S. federal funders in the areas of health, youth and workforce development, basic education, and crisis/conflict contexts. Thirteen new projects were awarded in countries including Liberia, Malawi, Sierra Leone, Vietnam, Lesotho, and Nepal. Key highlights from activities and new projects from the year include: A. Strengthening the quality of pre-service and in-service teacher training in secondary education…
U.S. Division: U.S. Division In 2025, EDC's work in the United States advanced the organization's mission and four ambitions stated above. Our teams expanded work in maternal and child health, early childhood education, behavioral health (e.g., mental health promotion, addiction and suicide prevention), STEM education and workforce development, and research and evaluation. Over 70 new projects were awarded. Key highlights from activities and new projects from the year include: A. Launching innovative work to improve STEM workforce readiness and success, including (1) partnering with Google to…
Highest reported compensation
FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| CEO eff March 25, 2025 Director/trustee, officer, 40 hrs/week | $428,603 | $0 | $61,647 | $490,250 |
| President and CEO, resigned eff 5.1.24 Officer, former, 40 hrs/week | $462,044 | $0 | $14,979 | $477,023 |
| C.F.O., C.C.O., Sr. V.P.,Treasurer, retired Aug. 2025 Officer, 40 hrs/week | $393,074 | $0 | $71,109 | $464,183 |
| Sr. V.P. Program Area Lead Key employee, 40 hrs/week | $373,308 | $0 | $69,790 | $443,098 |
| Sr. V.P., IDD Key employee, 40 hrs/week | $373,049 | $0 | $50,924 | $423,973 |
| Sr. V.P., General Counsel, Corporate Secretary Officer, 40 hrs/week | $346,192 | $0 | $63,724 | $409,916 |
| Senior Vice President Key employee, 40 hrs/week | $323,291 | $0 | $60,498 | $383,789 |
| Director & Interim Chief Human Resources Officer Key employee, 40 hrs/week | $321,881 | $0 | $61,750 | $383,631 |
277 people received more than $100,000 in reportable compensation from Education Development Center (Part VII, line 2). Compensation of current officers, directors and key employees totaled $4.8M (Part IX, line 5).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b15 · 14 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2No
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4Yes
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bYes
- Employees Part I, line 5779
Private foundation grants it received
11 private foundations reported grants to Education Development Center totaling $3.5M on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.
Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.
Correct a figure or respond
Every number above is copied from Education Development Center's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Education Development Center, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 Education Development Center spent in FY2025, $88.71 went to programs. The full breakdown, from its IRS Form 990:
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All unclassified charities · Largest charities in Massachusetts
Questions people ask
How much of Education Development Center's spending goes to programs?
In the fiscal year ending September 30, 2025, Education Development Center reported that 88.7% of its $156.4 million in expenses went to program services, 11.3% to management and general and 0.0% to fundraising (Form 990, Part IX).
How much does Education Development Center pay its top executive?
The largest total compensation Education Development Center reported for one person in the fiscal year ending September 30, 2025 was $490,250, for the role of CEO eff March 25, 2025 (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Education Development Center get its money?
Of $159.2 million in revenue in the fiscal year ending September 30, 2025, 97.8% came from contributions and grants (including 97.2% from government grants) and 0.6% from program service revenue (Form 990, Part VIII).
Is Education Development Center a registered charity?
The IRS lists EIN 04-2241718 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- FY2025: Form 990 for the fiscal year ending September 30, 2025, object 202610899349300961 · read the filing · XML
- FY2024: Form 990 for the fiscal year ending September 30, 2024, object 202530859349300548 · read the filing
- FY2023: Form 990 for the fiscal year ending September 30, 2023, object 202430879349300333 · read the filing
- FY2022: Form 990 for the fiscal year ending September 30, 2022, object 202331289349301538 · read the filing
- FY2021: Form 990 for the fiscal year ending September 30, 2021, object 202231329349307013 · read the filing
- FY2020: Form 990 for the fiscal year ending September 30, 2020, object 202121309349301822 · read the filing
All filings for EIN 04-2241718: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.