Eagle Valley Religious Foundation

Analysis

Eagle Valley Religious Foundation is a registered charity in United States, based in Edwards, CO. It received its IRS tax-exemption ruling in January 1997, 29 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Eagle Valley Religious Foundation reported income of $248k and spending of $452k, spending 182% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $255k to $248k (-3.0%), an average of -0.8% a year. The sharpest change came in the year to December 2021, when income rose by 37%. Over the whole period it spent 162% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Eagle Valley Religious Foundation sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 55th percentile within CO. Charities of a similar size with the same main cause include Congregation of a Thousand Eyes Buddhist Temple Inc ($248k), Phat an Temple Inc ($248k) and Xavier Baez Ministries ($248k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 26% and program service revenue 56% of the total. At year end it held assets of $7.9m against liabilities of $28k, net assets of $7.8m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.