Eagles Mere Foundation

Analysis

Eagles Mere Foundation is a registered charity in United States, based in Manakin Sabot, VA. It received its IRS tax-exemption ruling in February 1987, 39 years ago. 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, Eagles Mere Foundation reported income of $211k and spending of $150k, leaving 29% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $104k to $211k (+103%), an average of +19% a year. The sharpest change came in the year to December 2020, when income rose by 125%. Over the whole period it spent 33% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Eagles Mere Foundation sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 55th percentile within VA. Charities of a similar size with the same main cause include PTA Florida Congress ($211k), The Hoffa Foundation Inc ($211k) and Little League Baseball Inc ($211k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 14% of the total. At year end it held assets of $2.5m against liabilities of $1.1m, net assets of $1.4m.