Ebenezer Building Foundation Inc

Analysis

Ebenezer Building Foundation Inc is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in December 1996, 30 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 2022, Ebenezer Building Foundation Inc reported income of $592k and spending of $770k, spending 130% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income fell from $832k to $592k (-29%), an average of -11% a year. Over the whole period it spent 114% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Ebenezer Building Foundation Inc sits at the 86th percentile: it is larger than about 86% 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 Garner Ted Armstrong Evangelistic Association 01021998 ($592k), Praise Center Ministries Inc ($592k) and Ywam Emerge ($592k).

On its Form 990 for the period ending December 2022, revenue came from program service revenue 100% of the total. At year end it held assets of $8.5m against liabilities of $3.6m, net assets of $4.8m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.