Excellerate Foundation

Analysis

Excellerate Foundation is a registered charity in United States, based in Rogers, AR. It received its IRS tax-exemption ruling in January 2000, 26 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 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, Excellerate Foundation reported income of $6.5m and spending of $5.4m, spending 82% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.7m to $6.5m (+146%), an average of +25% a year. The sharpest change came in the year to December 2021, when income rose by 429%. Over the whole period it spent 95% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Excellerate Foundation sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 93rd percentile within AR. Charities of a similar size with the same main cause include The Foraker Group ($6.5m), The Visions Fund at the Philadelphia Foundation ($6.5m) and Shasta Regional Community Foundation ($6.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. Compensation of current officers, directors and key employees was $1.7m (31% of expenses). Other salaries and wages came to $867k. At year end it held assets of $7.4m against liabilities of $3.4m, net assets of $4.0m. It reported 33 employees.