Eangus We Care for America Foundation Inc

Analysis

Eangus We Care for America Foundation Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in May 1994, 32 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Eangus We Care for America Foundation Inc reported income of $666k and spending of $792k, spending 119% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $39k to $666k (+1611%), an average of +103% a year. The sharpest change came in the year to December 2020, when income rose by 2717%. Over the whole period it spent 93% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Eangus We Care for America Foundation Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 48th percentile within DC. Charities of a similar size with the same main cause include Crossroads Pregnancy Center Inc ($666k), Federation of Zoroastrian Association of North America ($666k) and Stepping Stones Inc ($666k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 89% of the total. At year end it held assets of $3.1m against liabilities of $2.8m, net assets of $268k.