Eberhardt Village Inc

Analysis

Eberhardt Village Inc is a registered charity in United States, based in Arthur, IL. It received its IRS tax-exemption ruling in March 2004, 22 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 August 2023, Eberhardt Village Inc reported income of $1.1m and spending of $1.4m, spending 125% of what it took in. Across the 5 years on record, from August 2019 to August 2023, income fell from $1.2m to $1.1m (-6.6%), an average of -1.7% a year. Over the whole period it spent 105% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Eberhardt Village Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 80th percentile within IL. Charities of a similar size with the same main cause include Clinton County Agricultural Society ($1.1m), Kiddie Korner Learning Center Inc ($1.1m) and The Hub Lafayette-Urban Ministries ($1.1m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 2.2% and program service revenue 97% of the total. Compensation of current officers, directors and key employees was $10k (0.8% of expenses). Other salaries and wages came to $544k. At year end it held assets of $214k against liabilities of $2.9m, net assets of -$2.7m. It reported 44 employees.