Ellwood House Association Inc

Analysis

Ellwood House Association Inc is a registered charity in United States, based in Dekalb, IL. It received its IRS tax-exemption ruling in May 1969, 57 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 December 2023, Ellwood House Association Inc reported income of $404k and spending of $340k, spending 84% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $806k to $404k (-50%), an average of -16% a year. The sharpest change came in the year to December 2023, when income dropped by 42%. Over the whole period it spent 70% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Ellwood House Association Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 66th percentile within IL. Charities of a similar size with the same main cause include Opera Las Vegas ($404k), India Association of North Texas ($404k) and Tahoe School of Music ($404k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 63% and program service revenue 9.3% of the total. Other salaries and wages came to $170k. At year end it held assets of $4.6m against liabilities of $123k, net assets of $4.5m. It reported 6 employees.