Eecu Community Foundation

Analysis

Eecu Community Foundation is a registered charity in United States, based in Fort Worth, TX. It received its IRS tax-exemption ruling in March 2019, 7 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, Eecu Community Foundation reported income of $293k and spending of $209k, leaving 29% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $246k to $293k (+19%), an average of +19% a year. The sharpest change came in the year to December 2023, when income rose by 19%. Over the whole period it spent 70% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Eecu Community Foundation sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 66th percentile within TX. Charities of a similar size with the same main cause include Denny Hamlin Foundation ($292k), Louisville Community Foundation ($293k) and Jamies Hope ($292k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 107% of the total. It paid $29k in professional fundraising fees. At year end it held assets of $350k against liabilities of $105k, net assets of $245k.