Eso Terra Foundation

Analysis

Eso Terra Foundation is a registered charity in United States, based in Farmington, CT. It received its IRS tax-exemption ruling in May 2019, 7 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 December 2022, Eso Terra Foundation reported income of $115k and spending of $144k, spending 125% of what it took in. Across the 3 years on record, from December 2020 to December 2022, income fell from $292k to $115k (-60%), an average of -37% a year. The sharpest change came in the year to December 2022, when income dropped by 65%. Over the whole period it spent 99% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Eso Terra Foundation sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 39th percentile within CT. Charities of a similar size with the same main cause include Heart of Saginaw ($115k), The Gem Project Inc ($115k) and Guardian Watch Inc ($115k).

On its Form 990-EZ for the period ending December 2022, revenue came from contributions and grants 30% and program service revenue 70% of the total. At year end it held assets of $3,389 against liabilities of $0, net assets of $3,389.