Eth Zurich Foundation USA Inc

Analysis

Eth Zurich Foundation USA Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in July 2020, 6 years ago. Its declared purposes cover science and technology, which this site groups under arts, culture, heritage and science. 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, Eth Zurich Foundation USA Inc reported income of $1.6m and spending of $630, leaving 100% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $133k to $1.6m (+1092%), an average of +128% a year. The sharpest change came in the year to December 2021, when income rose by 354%. Over the whole period it spent 55% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Eth Zurich Foundation USA Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 80th percentile within NY. Charities of a similar size with the same main cause include Los Angeles Contemporary Exhibitions Inc ($1.6m), Michigan State TR for Railway Pres Inc ($1.6m) and Roxy Theatre Group Inc ($1.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $1.6m against liabilities of $0, net assets of $1.6m.