Eagle Theatre Inc

Analysis

Eagle Theatre Inc is a registered charity in United States, based in Hammonton, NJ. It received its IRS tax-exemption ruling in April 2010, 16 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Eagle Theatre Inc reported income of $190k and spending of $566k, spending 298% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $886k to $190k (-79%), an average of -32% a year. The sharpest change came in the year to December 2021, when income rose by 281%. Over the whole period it spent 114% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Eagle Theatre Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 60th percentile within NJ. Charities of a similar size with the same main cause include Long Island Japanese Culture Association Inc ($190k), Art Factory Houston Inc ($190k) and Crossroads Community Association ($190k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 34% and program service revenue 66% of the total. Other salaries and wages came to $126k. At year end it held assets of $1.0m against liabilities of $1.6m, net assets of -$574k. It reported 12 employees.