Ebecc Library Inc

Analysis

Ebecc Library Inc is a registered charity in United States, based in East Boston, MA. It received its IRS tax-exemption ruling in June 2019, 7 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Ebecc Library Inc reported income of $236k and spending of $232k, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1,273 to $236k (+18462%), an average of +269% a year. The sharpest change came in the year to December 2020, when income rose by 23014%. Over the whole period it spent 89% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Ebecc Library Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 60th percentile within MA. Charities of a similar size with the same main cause include Barnabas Network Inc ($236k), Malawi Pioneer Mission Inc ($236k) and New Beginning Apostolic Church Inc ($236k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $3.8m against liabilities of $3.5m, net assets of $268k.