Ellies Elves Incorporate

Analysis

Ellies Elves Incorporate is a registered charity in United States, based in Fredericksbrg, VA. It received its IRS tax-exemption ruling in January 2018, 8 years ago. 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, Ellies Elves Incorporate reported income of $78k and spending of $78k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $127k to $78k (-39%), an average of -39% a year. The sharpest change came in the year to December 2023, when income dropped by 39%. Over the whole period it spent 59% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Ellies Elves Incorporate sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 30th percentile within VA. Charities of a similar size with the same main cause include American Friends of Merkaz Hatorah Inc ($78k), Okanogan Employees Childcare Association ($78k) and American Society of Civil Engineers ($78k).

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 $92k against liabilities of $0, net assets of $92k.