E1t1 Inc

Analysis

E1t1 Inc is a registered charity in United States, based in Cambridge, MA. It received its IRS tax-exemption ruling in June 2015, 11 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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 2022, E1t1 Inc reported income of $62k and spending of $28k, leaving 55% of income unspent that year. Across the 2 years on record, from December 2021 to December 2022, income grew from $60k to $62k (+2.5%), an average of +2.5% a year. Over the whole period it spent 58% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, E1t1 Inc sits at the 25th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 33rd percentile within MA. Charities of a similar size with the same main cause include Little Compton Game Club Inc ($62k), Metro Educational Concepts Incorporated ($62k) and Bangladesh Association of South Jersey Inc ($62k).

On its Form 990-EZ for the period ending December 2022, revenue came from contributions and grants 100% of the total. At year end it held assets of $96k against liabilities of $1,341, net assets of $94k.