Ettie Lee Foundation Inc

Analysis

Ettie Lee Foundation Inc is a registered charity in United States, based in Moorpark, CA. It received its IRS tax-exemption ruling in June 2020, 6 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Ettie Lee Foundation Inc reported income of $161k and spending of $52k, leaving 68% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income fell from $179k to $161k (-10%), an average of -3.5% a year. The sharpest change came in the year to December 2023, when income rose by 129%. Over the whole period it spent 49% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Ettie Lee Foundation Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 51st percentile within CA. Charities of a similar size with the same main cause include Family & Friends of Steel Charitable Fund ($161k), Everest Association for Family Enrichment Inc ($161k) and Piedmont Regional Orchestra ($160k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% of the total. At year end it held assets of $2.8m against liabilities of $0, net assets of $2.8m.