Robert E Elliott Foundation

Analysis

Robert E Elliott Foundation is a registered charity in United States, based in Searcy, AR. It received its IRS tax-exemption ruling in March 2002, 24 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, Robert E Elliott Foundation reported income of $51k and spending of $47k, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $53k to $51k (-3.8%), an average of -1.0% a year. The sharpest change came in the year to December 2022, when income rose by 17%. Over the whole period it spent 102% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Robert E Elliott Foundation sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 18th percentile within AR. Charities of a similar size with the same main cause include John J Garbarino & Adrienne Houssiere Garbarino Memorial TR 1 ($51k), Chopin Hall Foundation ($51k) and John J Garbarino & Adrienne Houssiere Garbarino Memorial TR 2 ($51k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $32k. At year end it held assets of $15k against liabilities of $834, net assets of $15k. It reported 1 employees.