Eagle Ledge Foundation Inc

Analysis

Eagle Ledge Foundation Inc is a registered charity in United States, based in Turlock, CA. It received its IRS tax-exemption ruling in August 2015, 11 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 June 2024, Eagle Ledge Foundation Inc reported income of $248k and spending of $677k, spending 273% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income grew from $21k to $248k (+1065%), an average of +63% a year. The sharpest change came in the year to June 2020, when income rose by 1364%. Over the whole period it spent 162% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Eagle Ledge Foundation Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 60th percentile within CA. Charities of a similar size with the same main cause include St Philip Neri House Inc ($247k), Xavier Baez Ministries ($248k) and All the Word Bible Translators Inc ($247k).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 7.9% of the total. Compensation of current officers, directors and key employees was $72k (11% of expenses). Other salaries and wages came to $1,069. At year end it held assets of $1.6m against liabilities of $3.5m, net assets of -$1.9m. It reported 2 employees.