Esas Foundation

Analysis

Esas Foundation is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in November 2000, 26 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 March 2023, Esas Foundation reported income of $978k and spending of $842k, spending 86% of its income. Across the 5 years on record, from March 2019 to March 2023, income grew from $785k to $978k (+25%), an average of +5.6% a year. The sharpest change came in the year to March 2023, when income rose by 18%. Over the whole period it spent 97% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Esas Foundation sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 54th percentile within DC. Charities of a similar size with the same main cause include Give Hope Inc ($978k), J W Ellsworth Endowment Trust 20-32389000 ($980k) and MCCB Transitions Inc ($976k).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $158k (19% of expenses). Other salaries and wages came to $78k. At year end it held assets of $1.0m against liabilities of $110k, net assets of $919k.