El Dorado Foundation Inc

Analysis

El Dorado Foundation Inc is a registered charity in United States, based in Scottsdale, AZ. It received its IRS tax-exemption ruling in September 2014, 12 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general 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, El Dorado Foundation Inc reported income of $248k and spending of $289k, spending 116% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income fell from $412k to $248k (-40%), an average of -16% a year. The sharpest change came in the year to December 2021, when income dropped by 62%. Over the whole period it spent 93% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, El Dorado Foundation Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 56th percentile within AZ. Charities of a similar size with the same main cause include Better Together Employee Foundation ($248k), Friends of Hackmatack National Wildlife Refuge ($248k) and Little Miami Athletic Boosters ($248k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $157k against liabilities of $1,225, net assets of $155k.