Euphonium Foundation

Analysis

Euphonium Foundation is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in April 2002, 24 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Euphonium Foundation reported income of $72k and spending of $15k, leaving 79% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $190k to $72k (-62%), an average of -22% a year. The sharpest change came in the year to December 2021, when income rose by 125%. Over the whole period it spent 526% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Euphonium Foundation sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 14th percentile within DC. Charities of a similar size with the same main cause include Manawa Area Veterans Freedom Park Inc ($72k), Sertoma Inc ($72k) and National Charity League Inc Northeast Atlanta Chapter ($72k).

At year end it held assets of $2.1m against liabilities of $0, net assets of $2.1m.