Egba Inc

Analysis

Egba Inc is a registered charity in United States, based in East Greenwich, RI. It received its IRS tax-exemption ruling in January 2016, 10 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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 July 2024, Egba Inc reported income of $239k and spending of $229k, spending 95% of its income. Across the 3 years on record, from July 2020 to July 2024, income grew from $236k to $239k (+1.3%), an average of +0.7% a year. Over the whole period it spent 87% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Egba Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 54th percentile within RI. Charities of a similar size with the same main cause include Benton County Fairgrounds Arena Assoc ($239k), Catoctin Basketball Club of Virginia Corporation ($240k) and Southern Area Youth Programs Inc ($239k).

On its Form 990 for the period ending July 2024, revenue came from contributions and grants 8.0% and program service revenue 92% of the total. At year end it held assets of $139k against liabilities of $0, net assets of $139k.