Eagle Dock Foundation Inc

Analysis

Eagle Dock Foundation Inc is a registered charity in United States, based in Cold SPG HBR, NY. It received its IRS tax-exemption ruling in November 1976, 50 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Eagle Dock Foundation Inc reported income of $167k and spending of $186k, spending 112% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $119k to $167k (+40%), an average of +8.7% a year. The sharpest change came in the year to December 2021, when income rose by 25%. Over the whole period it spent 98% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Eagle Dock Foundation Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 47th percentile within NY. Charities of a similar size with the same main cause include Fierce Nation Lacrosse ($167k), Franklin County Hockey Association Inc ($167k) and Butler Golden Tornado Hockey Association ($167k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 7.1% and program service revenue 79% of the total. Other salaries and wages came to $46k. At year end it held assets of $350k against liabilities of $0, net assets of $350k. It reported 23 employees.