Ezekiel Foundation Inc

Analysis

Ezekiel Foundation Inc is a registered charity in United States, based in Lexington, KY. It received its IRS tax-exemption ruling in April 2004, 22 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 2022, Ezekiel Foundation Inc reported income of $2.6m and spending of $2.4m, spending 91% of its income. Across the 4 years on record, from June 2019 to June 2022, income grew from $728k to $2.6m (+261%), an average of +53% a year. The sharpest change came in the year to June 2020, when income rose by 87%. Over the whole period it spent 120% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Ezekiel Foundation Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 88th percentile within KY. Charities of a similar size with the same main cause include Diocesan Bureau of Housing Deering Pavilion ($2.6m), Wartburg Residential Community Inc ($2.6m) and North Columbus Jaycee Housing Inc ($2.6m).

On its Form 990 for the period ending June 2022, revenue came from contributions and grants 34% and program service revenue 48% of the total. At year end it held assets of $7.2m against liabilities of $6.6m, net assets of $653k.