Eurasianet Inc

Analysis

Eurasianet Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in May 2016, 10 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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 June 2023, Eurasianet Inc reported income of $631k and spending of $962k, spending 153% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $926k to $631k (-32%), an average of -9.2% a year. The sharpest change came in the year to June 2022, when income rose by 267%. Over the whole period it spent 99% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Eurasianet Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 69th percentile within NY. Charities of a similar size with the same main cause include Change a Life Ministry ($631k), Landmine Relief Fund ($631k) and International House Ann Arbor ($631k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $296k (31% of expenses). Other salaries and wages came to $75k. At year end it held assets of $348k against liabilities of $48k, net assets of $300k. It reported 3 employees.