Friends of Esquipulas Inc

Analysis

Friends of Esquipulas Inc is a registered charity in United States, based in Louisville, KY. It received its IRS tax-exemption ruling in April 2012, 14 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Friends of Esquipulas Inc reported income of $57k and spending of $33k, leaving 42% of income unspent that year. Across the 3 years on record, from June 2022 to June 2024, income grew from $52k to $57k (+9.2%), an average of +4.5% a year. The sharpest change came in the year to June 2024, when income rose by 39%. Over the whole period it spent 110% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Friends of Esquipulas Inc sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 20th percentile within KY. Charities of a similar size with the same main cause include Alsea Community Effort ($57k), Maynard Cooper & Gale Charitable Foundation ($57k) and Dimatteo Family Charitable Foundation Inc ($57k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $92k against liabilities of $0, net assets of $92k.