Egia Foundation

Analysis

Egia Foundation is a registered charity in United States, based in Rncho Cordova, CA. It received its IRS tax-exemption ruling in July 2017, 9 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Egia Foundation reported income of $179k and spending of $134k, leaving 25% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $137k to $179k (+30%), an average of +30% a year. The sharpest change came in the year to December 2023, when income rose by 30%. Over the whole period it spent 72% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Egia Foundation 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 51st percentile, and in the 53rd percentile within CA. Charities of a similar size with the same main cause include Friends of Caritas Academy of the Sacred and Immaculate Hearts Inc ($179k), Peabody Charter School Foundation ($179k) and St Cloud State College Alumni Association ($179k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $253k against liabilities of $18k, net assets of $235k.