Eolia Christian Community Outreach Inc

Analysis

Eolia Christian Community Outreach Inc is a registered charity in United States, based in Eolia, KY. It received its IRS tax-exemption ruling in June 2002, 24 years ago. Its declared purposes cover food, agriculture and nutrition, which this site groups under poverty relief. 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, Eolia Christian Community Outreach Inc reported income of $53k and spending of $61k, spending 114% of what it took in. Across the 4 years on record, from December 2019 to December 2023, income grew from $28k to $53k (+90%), an average of +24% a year. The sharpest change came in the year to December 2022, when income rose by 76%. Over the whole period it spent 112% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Eolia Christian Community Outreach Inc sits at the 18th percentile: it is larger than about 18% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 19th percentile within KY. Charities of a similar size with the same main cause include Cambridge Cooperative Club Trust ($53k), Flutterby Izzyjane ($53k) and Franklin County Extension Council Foundation ($53k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 87% of the total. At year end it held assets of $13k against liabilities of $0, net assets of $13k.