Eureka Enrichment Services

Analysis

Eureka Enrichment Services is a registered charity in United States, based in San Juan, PR. It received its IRS tax-exemption ruling in February 2018, 8 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Eureka Enrichment Services reported income of $239k and spending of $281k, spending 118% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $204k to $239k (+17%), an average of +17% a year. The sharpest change came in the year to December 2023, when income rose by 17%. Over the whole period it spent 101% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Eureka Enrichment Services sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 41st percentile within PR. Charities of a similar size with the same main cause include Cleveland Law Library Association ($239k), Brookland Cayce High School Education Foundation ($239k) and Austin Korean School Inc ($239k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 65% and program service revenue 35% of the total. At year end it held assets of $86k against liabilities of $51k, net assets of $35k.