E-Tron Systems Inc

Analysis

E-Tron Systems Inc is a registered charity in United States, based in Lorton, VA. It received its IRS tax-exemption ruling in February 1987, 39 years ago. 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 June 2024, E-Tron Systems Inc reported income of $4.0m and spending of $3.7m, spending 93% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $2.0m to $4.0m (+96%), an average of +14% a year. The sharpest change came in the year to June 2021, when income rose by 52%. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, E-Tron Systems Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 91st percentile within VA. Charities of a similar size with the same main cause include Scottdale Early Learning Inc ($4.0m), Search to Involve Pilipino Americans ($4.0m) and Carnegie Library of Homestead ($4.0m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 6.0% and program service revenue 94% of the total. Compensation of current officers, directors and key employees was $242k (6.6% of expenses). Other salaries and wages came to $998k. At year end it held assets of $4.2m against liabilities of $1.0m, net assets of $3.2m. It reported 37 employees.