Indiana · Nonprofit
EdChoice Inc
EdChoice Inc (Indiana) receives grants from 150 organizations whose IRS filings report $57,166,333 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($32,666,697). 102 of them have funded it in more than one year, and 63% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- Revenue FY2025
- $12M
- Funders on record
- 150
- Grants received
- $57M
- Net assets
- $19M
What EdChoice Inc does
Mission
Edchoice, inc. Is dedicated to advancing full and unencumbered educational choice as the best pathway to successful lives and a stronger society.
As stated on its FY2025 Form 990.
Programs
State programs: edchoice, inc. Works in states around the country to educate the public on the issue of educational choice, providing educational services to state-based organizations and individuals. Services include: sponsoring and hosting informational symposiums, testifying in front of various legislative bodies, educating local and state organizations on educational choice programs, parent educational efforts and training, informing media, providing technical advice on the drafting of legislation, and sponsoring visits by expert speakers.
$3,059,002 spentof which $650,000 as grants$11,000 earned by the program31% of program spendingTraining and outreach: edchoice, inc. Undertakes non-partisan educational training and outreach activities that inform the public, media and policy makers on the issue of educational choice and on existing educational choice programs. This includes formal trainings, conferences, fact-finding trips, and educational briefings.
$2,924,778 spentof which $82,500 as grants$200,750 earned by the program30% of program spendingResearch and thought leadership: edchoice, inc. Produces non-partisan research and publications intended to inform the public on the issue of educational choice. Types of research and educational publications include: reviewing and synthesizing existing research on educational choice, such as the abc's of school choice and informational brochures; conducting original state and national research on educational choice, such as state polling and fiscal and academic impact studies; and publishing commentary papers, webinars and blogs.
$2,846,821 spentof which $95,000 as grants$34,000 earned by the program29% of program spendingLegal Advocates: To safeguard choice programs for families, EdChoice, Inc. established EdChoice Legal Advocates (EdLA) to engage directly in litigation efforts. EdLA provides legal representation and support to parents involved in educational choice litigation across the nation.
$1,003,224 spent$7,305 earned by the program10% of program spending
The 4 programs described on its FY2025 Form 990, listed largest first by expense. Program spending in total: $9,833,825.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2019 to 2020, from $16M to $19M (+17%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Government-grant reliance: 2021 4%. Grants only. Government contracts and fees sit inside program revenue.
91% of EdChoice Inc’s revenue is contributions — more donation-reliant than the typical peer (23% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 9 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Chief executive
Robert C Enlow
President & CEO
Board chair
Fred S Klipsch
Chairman
As listed on its FY2025 Form 990.
Who funds it, year by year
2017 → 2023: the base broadened from 44 funders to 70 funders, grant income rose $4.2M → $11M.
17 of 150 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 63% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
From the IRS filings of EdChoice Inc’s funders (the co-funder graph). Top 30 of 150 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
EdChoice Inc leans on a few funders — its largest provides 57% of grant income and the top three 68%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
75% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund EdChoice Inc.
Largest funder’s share by year: 2017 77% · 2018 80% · 2019 62% · 2020 60% · 2021 56% · 2022 51% · 2023 64% — diversifying over time.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How long its funders stay
55% of EdChoice Inc's funders are still giving 3 years after their first grant; 68% give in more than one year at all.
Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.
Where its funders are
63% of EdChoice Inc's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $21M that is directly attributable, 92% of it comes from funders outside Indiana, across 35 states.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $36M arriving through sponsors registered in 15 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
EdChoice Inc's revenue grew 43% between 2017 and 2025.
this organization peer median middle 50% of peers· 3,794 education nonprofits $10M–$100M, FY2025
Organizations like EdChoice Inc
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In Indiana
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
87% of spending goes to programs.
Governance
Public support
84%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 24 states
Screen this organization
A dated, signed PDF of the compliance screen for EdChoice Inc: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds EdChoice Inc?
- EdChoice Inc (Indiana) receives grants from 150 organizations whose IRS filings report $57,166,333 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($32,666,697). 102 of them have funded it in more than one year, and 63% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- How many funders does EdChoice Inc have?
- IRS filings report 150 organizations giving $57,166,333 in grants to EdChoice Inc, 102 of which have funded it in more than one year.
- Who is the largest funder of EdChoice Inc?
- FIDELITY INVESTMENTS CHARITABLE GIFT FUND is the largest funder on record, with $32,666,697 in grants. The full list of funders is on this page.
- How can an organization like EdChoice Inc find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Indiana. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 150 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 22, 2026. What this page cannot tell you · view filing