Eskaton Foundation

Analysis

Eskaton Foundation is a registered charity in United States, based in Carmichael, CA. It received its IRS tax-exemption ruling in October 1991, 35 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 December 2023, Eskaton Foundation reported income of $1.0m and spending of $826k, spending 82% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $473k to $1.0m (+112%), an average of +21% a year. The sharpest change came in the year to December 2021, when income rose by 159%. Over the whole period it spent 69% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Eskaton Foundation sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 80th percentile within CA. Charities of a similar size with the same main cause include The International Friends of the Montreal Museum of Fine Arts Inc ($1.0m), Ginungagap Foundation ($1.0m) and Hoi Bao Tro Dong Nu Ty Chua Giesu Tinh Thuong ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 84% of the total. Other salaries and wages came to $105k. At year end it held assets of $5.9m against liabilities of $534k, net assets of $5.3m.