Ellen Macarthur Foundation USA Inc

Analysis

Ellen Macarthur Foundation USA Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in May 2016, 10 years ago. Its declared purposes cover education, which this site groups under education and training. 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 August 2023, Ellen Macarthur Foundation USA Inc reported income of $602k and spending of $925k, spending 154% of what it took in. Across the 5 years on record, from August 2019 to August 2023, income fell from $817k to $602k (-26%), an average of -7.4% a year. The sharpest change came in the year to August 2023, when income rose by 265%. Over the whole period it spent 113% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Ellen Macarthur Foundation USA Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 69th percentile within NY. Charities of a similar size with the same main cause include Henderson County Education Foundation Inc ($602k), Maker Bhavan Foundation ($602k) and The Emery Weiner School Foundation ($602k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 67% and program service revenue 33% of the total. Compensation of current officers, directors and key employees was $94k (10% of expenses). Other salaries and wages came to $428k. At year end it held assets of $35k against liabilities of $35k, net assets of -$110. It reported 4 employees.