Eef Endowment

Analysis

Eef Endowment is a registered charity in United States, based in W Lake Hills, TX. It received its IRS tax-exemption ruling in May 2016, 10 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Eef Endowment reported income of $165k and spending of $53k, leaving 68% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $14k to $165k (+1118%), an average of +87% a year. The sharpest change came in the year to June 2021, when income rose by 164%. Over the whole period it spent 37% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Eef Endowment sits at the 51st percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 53rd percentile within TX. Charities of a similar size with the same main cause include Gretchen Wolf Swartz Scholarship Fund Inc ($165k), Parker Viking Athletic Booster Club Inc ($165k) and Dunwoody Elementry School PTO Inc ($165k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 67% of the total. At year end it held assets of $1.4m against liabilities of $0, net assets of $1.4m.