Elin Pelin Foundation

Analysis

Elin Pelin Foundation is a registered charity in United States, based in Spring, TX. It received its IRS tax-exemption ruling in April 2014, 12 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending May 2024, Elin Pelin Foundation reported income of $116k and spending of $116k, spending 100% of its income. Across the 3 years on record, from May 2022 to May 2024, income grew from $55k to $116k (+109%), an average of +45% a year. The sharpest change came in the year to May 2023, when income rose by 50%. Over the whole period it spent 97% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Elin Pelin Foundation sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 44th percentile within TX. Charities of a similar size with the same main cause include West Chester Barley Sheaf Players Inc ($116k), Committee of One Hundred for the Pres of Spanish Col Arch in Bal ($116k) and Santa Lucia Festival Committee Inc ($116k).

On its Form 990-EZ for the period ending May 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $51k against liabilities of $0, net assets of $51k.