Auguste Escoffier Educational Fund Inc

Analysis

Auguste Escoffier Educational Fund Inc is a registered charity in United States, based in Schaumburg, IL. It received its IRS tax-exemption ruling in November 2021, 5 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, Auguste Escoffier Educational Fund Inc reported income of $477k and spending of $476k, spending 100% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $58k to $477k (+722%), an average of +102% a year. The sharpest change came in the year to December 2021, when income rose by 359%. Over the whole period it spent 94% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Auguste Escoffier Educational Fund Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 69th percentile within IL. Charities of a similar size with the same main cause include Shalom Mountain Inc ($477k), Gateways Beyond International ($477k) and Vecna Cares Charitable TR ($477k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% and program service revenue 1.9% of the total. Compensation of current officers, directors and key employees was $89k (19% of expenses). At year end it held assets of $73k against liabilities of $0, net assets of $73k. It reported 1 employees.