Ea Foundation of Ny Inc

Analysis

Ea Foundation of Ny Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in October 2012, 14 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Ea Foundation of Ny Inc reported income of $852k and spending of $2.3m, spending 265% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $814k to $852k (+4.6%), an average of +1.1% a year. The sharpest change came in the year to June 2020, when income rose by 7046%. Over the whole period it spent 19% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Ea Foundation of Ny Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 73rd percentile within NY. Charities of a similar size with the same main cause include Bentonville Parent Teacher Organization Inc ($852k), Lakeshore Technical College Foundation Inc ($852k) and American Copy Editors Society Inc ($851k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $42.0m against liabilities of $334k, net assets of $41.6m.

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.