Ecfa Foundation Inc

Analysis

Ecfa Foundation Inc is a registered charity in United States, based in Wheaton, IL. It received its IRS tax-exemption ruling in November 1996, 30 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 June 2023, Ecfa Foundation Inc reported income of $223k and spending of $98k, leaving 56% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $135k to $223k (+65%), an average of +13% a year. The sharpest change came in the year to June 2021, when income rose by 1220%. Over the whole period it spent 36% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Ecfa Foundation Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 56th percentile within IL. Charities of a similar size with the same main cause include Pink Power ($223k), Vision Hudson Valley Inc ($223k) and Mac Foundation ($223k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 56% of the total. At year end it held assets of $2.5m against liabilities of $0, net assets of $2.5m.