Eagles Nest Regeneration

Analysis

Eagles Nest Regeneration is a registered charity in United States, based in Floyd, VA. It received its IRS tax-exemption ruling in July 2014, 12 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2023, Eagles Nest Regeneration reported income of $6.6m and spending of $6.4m, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.7m to $6.6m (+286%), an average of +40% a year. The sharpest change came in the year to December 2021, when income rose by 123%. Over the whole period it spent 80% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Eagles Nest Regeneration sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within VA. Charities of a similar size with the same main cause include Diamond Bar Fund ($6.6m), Minnies Food Pantry Inc ($6.6m) and Family Counseling Service of the Finger Lakes Inc ($6.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.5% and program service revenue 97% of the total. At year end it held assets of $8.2m against liabilities of $2.9m, net assets of $5.3m. It reported 100 employees.