Eternal Covenant Foundation

Analysis

Eternal Covenant Foundation is a registered charity in United States, based in Ridgefield, WA. It received its IRS tax-exemption ruling in December 2005, 21 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Eternal Covenant Foundation reported income of $117k and spending of $0, leaving 100% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $71k to $117k (+65%), an average of +13% a year. The sharpest change came in the year to December 2023, when income rose by 40%. Over the whole period it spent 0.3% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Eternal Covenant Foundation sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 37th percentile within WA. Charities of a similar size with the same main cause include Cheshire Home III Inc ($117k), Jacl Arizona Foundation ($117k) and LA Gonave Haiti Missions ($117k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 90% of the total. At year end it held assets of $1.2m against liabilities of $0, net assets of $1.2m.