Endaoment

Analysis

Endaoment is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in May 2020, 6 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 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, Endaoment reported income of $1.7m and spending of $13.8m, spending 817% of what it took in. Across the 4 years on record, from September 2020 to June 2023, income grew from $132k to $1.7m (+1182%), an average of +134% a year. The sharpest change came in the year to June 2021, when income rose by 2107%. Over the whole period it spent 91% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Endaoment sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 85th percentile within CA. Charities of a similar size with the same main cause include Carlsbad Community Foundation Inc ($1.7m), Pullman Regional Hospital Foundation ($1.7m) and Community Foundation of South Lake County Inc ($1.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 96% and program service revenue 3.9% of the total. Compensation of current officers, directors and key employees was $233k (1.7% of expenses). Other salaries and wages came to $352k. At year end it held assets of $4.2m against liabilities of $1,212, net assets of $4.2m. It reported 6 employees.