Elle Foundation Inc

Analysis

Elle Foundation Inc is a registered charity in United States, based in Bridgewater, NJ. It received its IRS tax-exemption ruling in September 2010, 16 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Elle Foundation Inc reported income of $93k and spending of $75k, spending 81% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $86k to $93k (+8.4%), an average of +2.0% a year. The sharpest change came in the year to December 2022, when income rose by 668%. Over the whole period it spent 25% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Elle Foundation Inc sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 43rd percentile within NJ. Charities of a similar size with the same main cause include White Horse Outreach Foundation ($93k), Survivors of Blue Suicide Foundation Inc ($93k) and Casa Hogar Orphanage ($93k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 75% of the total. At year end it held assets of $1.0m against liabilities of $0, net assets of $1.0m.