Eau Claire Confluence Foundation Inc

Analysis

Eau Claire Confluence Foundation Inc is a registered charity in United States, based in Eau Claire, WI. It received its IRS tax-exemption ruling in May 2017, 9 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 supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Eau Claire Confluence Foundation Inc reported income of $137k and spending of $151k, spending 110% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.4m to $137k (-90%), an average of -44% a year. The sharpest change came in the year to December 2020, when income dropped by 75%. Over the whole period it spent 96% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Eau Claire Confluence Foundation Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 44th percentile within WI. Charities of a similar size with the same main cause include Roundtable of Chinese American Organizations ($137k), Amherst Symphony Orchestra Association Inc ($137k) and Prescott Valley Performing Arts ($137k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 23% of the total. At year end it held assets of $10.7m against liabilities of $1.1m, net assets of $9.6m.

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.