Ece Foundation Inc

Analysis

Ece Foundation Inc is a registered charity in United States, based in Okmulgee, OK. It received its IRS tax-exemption ruling in March 2009, 17 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 December 2023, Ece Foundation Inc reported income of $199k and spending of $259k, spending 130% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $178k to $199k (+12%), an average of +2.8% a year. Over the whole period it spent 96% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Ece Foundation Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 55th percentile within OK. Charities of a similar size with the same main cause include Impact 100 Greater Indianapolis Inc ($199k), Digital Love Inc ($199k) and Sherman Isd Education Foundation Inc ($199k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $236k against liabilities of $22k, net assets of $215k.