Elizabeth Foundation

Analysis

Elizabeth Foundation is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in December 2018, 8 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Elizabeth Foundation reported income of $70k and spending of $97k, spending 138% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $62k to $70k (+13%), an average of +13% a year. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Elizabeth Foundation sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 28th percentile within GA. Charities of a similar size with the same main cause include Mission Food Pantry LLC ($70k), Twinc Cities Rotary Foundation ($70k) and Exceptional People in Communty Inc ($70k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $12k (12% of expenses). At year end it held assets of $7,877 against liabilities of $0, net assets of $7,877.