One Eleuthera Foundation

Analysis

One Eleuthera Foundation is a registered charity in United States, based in Clemson, SC. It received its IRS tax-exemption ruling in November 2016, 10 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, One Eleuthera Foundation reported income of $2.8m and spending of $3.0m, spending 108% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $3.0m to $2.8m (-6.3%), an average of -1.6% a year. The sharpest change came in the year to June 2020, when income rose by 39%. Over the whole period it spent 102% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, One Eleuthera Foundation sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 91st percentile within SC. Charities of a similar size with the same main cause include Big Brothers Big Sisters of Connecticut Inc ($2.8m), Boy Scouts of America ($2.8m) and Waterstep Inc ($2.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% and program service revenue 0.5% of the total. Compensation of current officers, directors and key employees was $70k (2.3% of expenses). At year end it held assets of $208k against liabilities of $150k, net assets of $58k. It reported 2 employees.