E Inc

Analysis

E Inc is a registered charity in United States, based in Charlestown, MA. It received its IRS tax-exemption ruling in September 2002, 24 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, E Inc reported income of $384k and spending of $389k, spending 101% of its income. Across the 3 years on record, from June 2021 to June 2023, income grew from $255k to $384k (+51%), an average of +23% a year. The sharpest change came in the year to June 2022, when income rose by 39%. Over the whole period it spent 93% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, E Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 67th percentile within MA. Charities of a similar size with the same main cause include Mltpa Foundation ($384k), Northwest Center for Alternatives to Pesticides ($385k) and Emission Reduction Credit Corporation of the Gulf Coast ($384k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 46% and program service revenue 54% of the total. Other salaries and wages came to $242k. At year end it held assets of $167k against liabilities of $14k, net assets of $153k. It reported 12 employees.