Eternal Foundation USA Inc

Analysis

Eternal Foundation USA Inc is a registered charity in United States, based in Scarsdale, NY. It received its IRS tax-exemption ruling in December 2015, 11 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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 2023, Eternal Foundation USA Inc reported income of $415k and spending of $243k, leaving 41% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $85k to $415k (+390%), an average of +49% a year. The sharpest change came in the year to December 2021, when income rose by 50000%. Over the whole period it spent 41% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Eternal Foundation USA Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 63rd percentile within NY. Charities of a similar size with the same main cause include Southeastern Connecticut Youth Hockey Inc ($414k), Churchland Rural Fire Department Incorporated ($415k) and Kettle Falls Community Chest ($414k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $881k against liabilities of $60k, net assets of $821k.