Trust for Endowment Fund of Enterprize Events Inc

Analysis

Trust for Endowment Fund of Enterprize Events Inc is a registered charity in United States, based in San Juan, PR. It received its IRS tax-exemption ruling in April 2020, 6 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 supporting organisation (type ii) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Trust for Endowment Fund of Enterprize Events Inc reported income of $892k and spending of $262k, leaving 71% of income unspent that year. Across the 6 years on record, from December 2018 to December 2023, income grew from $816k to $892k (+9.3%), an average of +1.8% a year. The sharpest change came in the year to December 2023, when income rose by 65%. Over the whole period it spent 31% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Trust for Endowment Fund of Enterprize Events Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 68th percentile within PR. Charities of a similar size with the same main cause include Easter Seals Society of Iowa ($892k), Sudc Foundation ($892k) and Alvin Community College Foundation Inc ($892k).

At year end it held assets of $5.2m against liabilities of $39k, net assets of $5.2m.