Epworth by the Sea Endowment Foundation Incorporasted

Analysis

Epworth by the Sea Endowment Foundation Incorporasted is a registered charity in United States, based in St Simons Is, GA. It received its IRS tax-exemption ruling in August 1994, 32 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Epworth by the Sea Endowment Foundation Incorporasted reported income of $589k and spending of $670k, spending 114% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income grew from $451k to $589k (+31%), an average of +5.5% a year. The sharpest change came in the year to December 2021, when income rose by 97%. Over the whole period it spent 110% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Epworth by the Sea Endowment Foundation Incorporasted sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 76th percentile within GA. Charities of a similar size with the same main cause include Friends of Valley Forge ($589k), Gray House Inc ($589k) and National Church Residences ($589k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 47% of the total. At year end it held assets of $13.0m against liabilities of $6,505, net assets of $13.0m.