Ekar

Analysis

Ekar is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in April 2012, 14 years ago. 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, Ekar reported income of $362k and spending of $319k, spending 88% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $345k to $362k (+5.1%), an average of +1.7% a year. The sharpest change came in the year to December 2022, when income rose by 91%. Over the whole period it spent 93% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Ekar sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 62nd percentile within CO. Charities of a similar size with the same main cause include Art Prevails Project ($362k), Uptown Shelby Association ($362k) and Bensalem Senior Citizens Assoc ($362k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $83k (26% of expenses). Other salaries and wages came to $109k. At year end it held assets of $153k against liabilities of $85, net assets of $152k. It reported 6 employees.