Historic Elsah Foundation

Analysis

Historic Elsah Foundation is a registered charity in United States, based in Elsah, IL. It received its IRS tax-exemption ruling in March 1972, 54 years ago. 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, Historic Elsah Foundation reported income of $50k and spending of $28k, leaving 45% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $22k to $50k (+128%), an average of +128% a year. The sharpest change came in the year to December 2023, when income rose by 128%. Over the whole period it spent 116% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Historic Elsah Foundation sits at the 19th percentile: it is larger than about 19% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 21st percentile within IL. Charities of a similar size with the same main cause include Association of Fundraising Professionals ($50k), Foundation for Underwater Research and Education Inc ($50k) and Auxiliary of the Milton & Hattie Kutz Home Inc ($50k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 11% of the total. At year end it held assets of $263k against liabilities of $0, net assets of $263k.