Etc Foundation

Analysis

Etc Foundation is a registered charity in United States, based in Santa Barbara, CA. It received its IRS tax-exemption ruling in January 2017, 9 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a supporting organisation (type ii) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, Etc Foundation reported income of $176k and spending of $309k, spending 176% of what it took in. Across the 5 years on record, from August 2019 to August 2023, income grew from $146k to $176k (+20%), an average of +4.7% a year. The sharpest change came in the year to August 2021, when income rose by 93%. Over the whole period it spent 39% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Etc Foundation sits at the 57th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 53rd percentile within CA. Charities of a similar size with the same main cause include Rhode Island Council on Problem Gambling ($176k), Community Radio Partners ($176k) and Record Community News Group ($176k).

At year end it held assets of $4.9m against liabilities of $506k, net assets of $4.4m.