Epsilon Nu Boule Foundation Inc

Analysis

Epsilon Nu Boule Foundation Inc is a registered charity in United States, based in Bonita SPGS, FL. It received its IRS tax-exemption ruling in May 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Epsilon Nu Boule Foundation Inc reported income of $71k and spending of $113k, spending 159% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $86k to $71k (-18%), an average of -18% a year. The sharpest change came in the year to December 2023, when income dropped by 18%. Over the whole period it spent 90% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Epsilon Nu Boule Foundation Inc sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 31st percentile within FL. Charities of a similar size with the same main cause include One Drop of Kindness Inc ($71k), Hillside Charitable Organization Inc ($71k) and Kingwood Chapter National Charity League Inc ($71k).

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 $70k against liabilities of $0, net assets of $70k.