Elequa Inc

Analysis

Elequa Inc is a registered charity in United States, based in San Antonio, TX. It received its IRS tax-exemption ruling in April 2019, 7 years ago. Its declared purposes cover science and technology, which this site groups under arts, culture, heritage and science. 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, Elequa Inc reported income of $134k and spending of $115k, spending 86% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $162k to $134k (-17%), an average of -17% a year. The sharpest change came in the year to December 2023, when income dropped by 17%. Over the whole period it spent 102% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Elequa Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 48th percentile within TX. Charities of a similar size with the same main cause include Massachussetts Media Fund Inc ($134k), Southern States Communication Assn ($134k) and Cuba Friends of Architecture Inc ($134k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 87% and program service revenue 12% of the total. At year end it held assets of $54k against liabilities of $24k, net assets of $31k.