Educational Fund of North American Basque Organizations Inc

Analysis

Educational Fund of North American Basque Organizations Inc is a registered charity in United States, based in Parker, CO. It received its IRS tax-exemption ruling in May 1982, 44 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 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, Educational Fund of North American Basque Organizations Inc reported income of $92k and spending of $91k, spending 99% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $52k to $92k (+75%), an average of +75% a year. The sharpest change came in the year to December 2023, when income rose by 75%. Over the whole period it spent 109% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Educational Fund of North American Basque Organizations Inc sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 31st percentile within CO. Charities of a similar size with the same main cause include Seattle Collaborative Orchestra ($92k), Arts in Motion Community Youth Theatre/Arts Education Inc ($92k) and Greater South Jersey Chorus ($92k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 94% and program service revenue 1.6% of the total. At year end it held assets of $222k against liabilities of $0, net assets of $222k.