Eastern Star Endowment Fund

Analysis

Eastern Star Endowment Fund is a registered charity in United States, based in Macon, IL. It received its IRS tax-exemption ruling in October 1958, 68 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 July 2024, Eastern Star Endowment Fund reported income of $2.3m and spending of $3.4m, spending 147% of what it took in. Across the 6 years on record, from July 2019 to July 2024, income fell from $3.3m to $2.3m (-30%), an average of -7.0% a year. The sharpest change came in the year to July 2020, when income dropped by 59%. Over the whole period it spent 150% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Eastern Star Endowment Fund sits at the 85th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 87th percentile within IL. Charities of a similar size with the same main cause include End 68 Hours of Hunger ($2.3m), Friends of Lake Leelanau ($2.3m) and Wholesome Wave Georgia Incorporated ($2.3m).

On its Form 990 for the period ending July 2024, revenue came from contributions and grants 0.8% of the total. At year end it held assets of $45.5m against liabilities of $0, net assets of $45.5m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.