Eagle Foundation
Analysis
Eagle Foundation is a registered charity in United States, based in Mechanicsburg, PA. It received its IRS tax-exemption ruling in March 1996, 30 years ago. Its declared purposes cover education, which this site groups under education and training. 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 August 2023, Eagle Foundation reported income of $290k and spending of $376k, spending 130% of what it took in. Across the 5 years on record, from August 2019 to August 2023, income fell from $364k to $290k (-20%), an average of -5.5% a year. The sharpest change came in the year to August 2023, when income dropped by 17%. Over the whole period it spent 90% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Eagle Foundation sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 59th percentile within PA. Charities of a similar size with the same main cause include Society for Benefit-Cost Analysis ($290k), Centennial High School Band Boosters ($291k) and Imago Dei Learning Community ($290k).
On its Form 990 for the period ending August 2023, revenue came from contributions and grants 51% and program service revenue 38% of the total. Compensation of current officers, directors and key employees was $55k (15% of expenses). Other salaries and wages came to $148k. At year end it held assets of $1.2m against liabilities of $0, net assets of $1.2m. It reported 67 employees.
Income and spending
Where the income comes from
- Contributions & grants 51%
- Program services 38%
- Other 11%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Society for Benefit-Cost Analysis | Altamonte SPG | $290k |
| Centennial High School Band Boosters | Burleson | $291k |
| Imago Dei Learning Community | Jenison | $290k |
| Education Resource Fund | Laguna Hills | $291k |