Foundation Escalera Inc

Analysis

Foundation Escalera Inc is a registered charity in United States, based in Salt Lake City, UT. It received its IRS tax-exemption ruling in September 2004, 22 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Foundation Escalera Inc reported income of $715k and spending of $828k, spending 116% of what it took in. Across the 5 years on record, from December 2019 to June 2023, income grew from $673k to $715k (+6.3%), an average of +1.5% a year. The sharpest change came in the year to December 2021, when income rose by 79%. Over the whole period it spent 87% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Foundation Escalera Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 74th percentile within UT. Charities of a similar size with the same main cause include Family Hope International ($714k), Mission Gait ($715k) and Fair Girls Inc ($714k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 96% of the total. Other salaries and wages came to $124k. At year end it held assets of $2.6m against liabilities of $2.8m, net assets of -$197k.