Etgar

Analysis

Etgar is a registered charity in United States, based in Decatur, GA. It received its IRS tax-exemption ruling in March 2003, 23 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Etgar reported income of $2.9m and spending of $1.9m, leaving 35% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $2.1m to $2.9m (+40%), an average of +8.9% a year. The sharpest change came in the year to September 2022, when income rose by 299%. Over the whole period it spent 70% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Etgar sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 91st percentile within GA. Charities of a similar size with the same main cause include Poder Academy Secondary School ($2.9m), Crispus Attucks Charter School ($2.9m) and Yeshiva Elementary School ($2.9m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 1.4% and program service revenue 94% of the total. Compensation of current officers, directors and key employees was $180k (9.6% of expenses). Other salaries and wages came to $27k. At year end it held assets of $4.6m against liabilities of $13k, net assets of $4.6m. It reported 2 employees.