Eclc Foundation a New Jersey Non Profit Corporation

Analysis

Eclc Foundation a New Jersey Non Profit Corporation is a registered charity in United States, based in Chatham, NJ. It received its IRS tax-exemption ruling in March 1994, 32 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Eclc Foundation a New Jersey Non Profit Corporation reported income of $638k and spending of $525k, spending 82% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $780k to $638k (-18%), an average of -4.9% a year. The sharpest change came in the year to June 2023, when income rose by 33%. Over the whole period it spent 82% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Eclc Foundation a New Jersey Non Profit Corporation 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 74th percentile, and in the 78th percentile within NJ. Charities of a similar size with the same main cause include Akvo Foundation USA ($638k), Candlelighters Donation Center ($639k) and National Christian Foundation Southwest ($637k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 72% of the total. Compensation of current officers, directors and key employees was $21k (4.0% of expenses). Other salaries and wages came to $268k. At year end it held assets of $5.2m against liabilities of $77k, net assets of $5.1m. It reported 77 employees.