Eagles Memorial Foundation Inc

Analysis

Eagles Memorial Foundation Inc is a registered charity in United States, based in Grove City, OH. It received its IRS tax-exemption ruling in October 1968, 58 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 May 2023, Eagles Memorial Foundation Inc reported income of $2.0m and spending of $992k, leaving 50% of income unspent that year. Across the 5 years on record, from May 2019 to May 2023, income grew from $691k to $2.0m (+188%), an average of +30% a year. The sharpest change came in the year to May 2020, when income rose by 117%. Over the whole period it spent 59% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Eagles Memorial Foundation Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 86th percentile within OH. Charities of a similar size with the same main cause include Litehouse Children & Family Services ($2.0m), Senate Employees Child Care Center Inc ($2.0m) and Oasis a Safe Haven for Survivors of Domestic and Sexual Violence ($2.0m).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 30% of the total. Other salaries and wages came to $104k. At year end it held assets of $13.2m against liabilities of $566k, net assets of $12.6m.