Eaton Senior Communities Foundation

Analysis

Eaton Senior Communities Foundation is a registered charity in United States, based in Lakewood, CO. It received its IRS tax-exemption ruling in January 1995, 31 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 supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Eaton Senior Communities Foundation reported income of $84k and spending of $144k, spending 171% of what it took in. Across the 2 years on record, from September 2022 to September 2023, income fell from $166k to $84k (-49%), an average of -49% a year. The sharpest change came in the year to September 2023, when income dropped by 49%. Over the whole period it spent 123% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Eaton Senior Communities Foundation sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 29th percentile within CO. Charities of a similar size with the same main cause include Southern Valley Scholarship Foundation Inc ($84k), Fordney Club ($84k) and Piga of Chicagoland NFP ($84k).

On its Form 990-EZ for the period ending September 2023, revenue came from contributions and grants 27% of the total. At year end it held assets of $108k against liabilities of $3,334, net assets of $105k.