Estonian American Fund for Economic Education

Analysis

Estonian American Fund for Economic Education is a registered charity in United States, based in Bethesda, MD. It received its IRS tax-exemption ruling in July 1990, 36 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Estonian American Fund for Economic Education reported income of $641k and spending of $338k, leaving 47% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $521k to $641k (+23%), an average of +5.3% a year. The sharpest change came in the year to December 2023, when income rose by 290%. Over the whole period it spent 80% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Estonian American Fund for Economic Education sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 73rd percentile within MD. Charities of a similar size with the same main cause include Haiti Mission Inc ($641k), Freedom 4-24 ($642k) and Kibo Group International Incorporated ($641k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 52% of the total. At year end it held assets of $5.4m against liabilities of $0, net assets of $5.4m.