Ebell Friends

Analysis

Ebell Friends is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in July 2021, 5 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 June 2023, Ebell Friends reported income of $55k and spending of $1,274, leaving 98% of income unspent that year. Across the 2 years on record, from December 2022 to June 2023, income grew from $25k to $55k (+118%), an average of +118% a year. The sharpest change came in the year to June 2023, when income rose by 118%. Over the whole period it spent 114% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Ebell Friends 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 21st percentile, and in the 23rd percentile within CA. Charities of a similar size with the same main cause include Lakeshore Visual Arts Collective Inc ($55k), Afriky Lolo ($55k) and Culpeper 4th of July Festival Committee ($55k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $142k against liabilities of $0, net assets of $142k.