Eposak Foundation Inc

Analysis

Eposak Foundation Inc is a registered charity in United States, based in Key Biscayne, FL. It received its IRS tax-exemption ruling in May 2016, 10 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 2022, Eposak Foundation Inc reported income of $153k and spending of $216k, spending 141% of what it took in. Across the 3 years on record, from December 2020 to December 2022, income fell from $220k to $153k (-31%), an average of -17% a year. The sharpest change came in the year to December 2022, when income rose by 313%. Over the whole period it spent 114% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Eposak Foundation Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 51st percentile within FL. Charities of a similar size with the same main cause include Patrick Cantlay Foundation ($153k), Humanity for Children ($153k) and Chevra Shas at Tower 41 Inc ($153k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $68k. At year end it held assets of $18k against liabilities of $28k, net assets of -$10k.