Events Industry Council Foundation

Analysis

Events Industry Council Foundation is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in September 2004, 22 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 December 2023, Events Industry Council Foundation reported income of $216k and spending of $294k, spending 136% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $341k to $216k (-37%), an average of -20% a year. The sharpest change came in the year to December 2022, when income dropped by 55%. Over the whole period it spent 86% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Events Industry Council Foundation sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 31st percentile within DC. Charities of a similar size with the same main cause include Surprise Sundancers ($216k), Lincoln County Economic Developmentcouncil ($216k) and Toolbox Inc ($216k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 14% and program service revenue 86% of the total. At year end it held assets of $347k against liabilities of $159k, net assets of $188k.