Dr Edward B Shils Entrepreneurial Fund Inc

Analysis

Dr Edward B Shils Entrepreneurial Fund Inc is a registered charity in United States, based in Syosset, NY. It received its IRS tax-exemption ruling in June 2012, 14 years ago. Its declared purposes cover public and societal benefit, 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 December 2023, Dr Edward B Shils Entrepreneurial Fund Inc reported income of $119k and spending of $70k, leaving 41% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $108k to $119k (+10%), an average of +2.4% a year. The sharpest change came in the year to December 2021, when income dropped by 270%. Over the whole period it spent 158% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Dr Edward B Shils Entrepreneurial Fund Inc sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 40th percentile within NY. Charities of a similar size with the same main cause include PTA California Congress of Parents Teachers & Students Inc ($119k), Trustees of the Home for Little Wanderers ($119k) and Arts Resources in Collaboration Inc ($119k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 35% of the total. At year end it held assets of $339k against liabilities of $0, net assets of $339k.