Etna Commons Inc
Analysis
Etna Commons Inc is a registered charity in United States, based in Oakmont, PA. It received its IRS tax-exemption ruling in January 1989, 37 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, Etna Commons Inc reported income of $649k and spending of $657k, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $658k to $649k (-1.4%), an average of -0.4% a year. Over the whole period it spent 104% of the income it received.
Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Etna Commons Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 72nd percentile within PA. Charities of a similar size with the same main cause include Socratus Collective Wisdom Corporation ($649k), Foundation for Student Communication Inc ($649k) and Providence Home ($649k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 67% and program service revenue 33% of the total. Other salaries and wages came to $52k. At year end it held assets of $1.8m against liabilities of $2.6m, net assets of -$781k.
Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.
Income and spending
Where the income comes from
- Contributions & grants 67%
- Program services 33%
- Other 0.1%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Socratus Collective Wisdom Corporation | Belmont | $649k |
| Foundation for Student Communication Inc | Princeton | $649k |
| Providence Home | Columbia | $649k |
| New Horizons Crisis Center | Marshall | $649k |