Eagle Ops Foundation
Analysis
Eagle Ops Foundation is a registered charity in United States, based in Owasso, OK. It received its IRS tax-exemption ruling in April 2019, 7 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable 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, Eagle Ops Foundation reported income of $470k and spending of $389k, spending 83% of its income. Across the 4 years on record, from December 2019 to December 2023, income grew from $69k to $470k (+583%), an average of +90% a year. The sharpest change came in the year to December 2021, when income rose by 248%. Over the whole period it spent 77% of the income it received.
Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Eagle Ops Foundation sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 70th percentile within OK. Charities of a similar size with the same main cause include The University of South Alabama National Alumni Association Inc ($470k), Haskell County Ambulance Service Inc ($470k) and Composting Council Research and ($470k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 23% and program service revenue 75% of the total. Compensation of current officers, directors and key employees was $96k (25% of expenses). Other salaries and wages came to $19k. At year end it held assets of $297k against liabilities of $31k, net assets of $267k. It reported 4 employees.
Income and spending
Where the income comes from
- Contributions & grants 23%
- Program services 75%
- Other 1.6%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| The University of South Alabama National Alumni Association Inc | Mobile | $470k |
| Haskell County Ambulance Service Inc | Haskell | $470k |
| Composting Council Research and | Raleigh | $470k |
| Kids Korner Day Care Center Inc | Clarion | $470k |