Western Eagle Foundation Inc

Analysis

Western Eagle Foundation Inc is a registered charity in United States, based in Temecula, CA. It received its IRS tax-exemption ruling in August 1996, 30 years ago. Its declared purposes cover unknown, which this site groups under other charitable 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 September 2023, Western Eagle Foundation Inc reported income of $8.3m and spending of $8.5m, spending 102% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $2.1m to $8.3m (+292%), an average of +41% a year. The sharpest change came in the year to September 2020, when income rose by 690%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Western Eagle Foundation Inc 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 94th percentile, and in the 95th percentile within CA. Charities of a similar size with the same main cause include Sackler School of Medicine ($8.3m), Family Services Incorporated ($8.3m) and Mercy Foundation-Bakersfield ($8.3m).

On its Form 990 for the period ending September 2023, revenue came from program service revenue 5.2% of the total. Compensation of current officers, directors and key employees was $283k (3.3% of expenses). Other salaries and wages came to $320k. At year end it held assets of $4.2m against liabilities of $832k, net assets of $3.4m. It reported 14 employees.