Eric Feltman Memorial Foundation Inc

Analysis

Eric Feltman Memorial Foundation Inc is a registered charity in United States, based in Uniondale, NY. It received its IRS tax-exemption ruling in April 2021, 5 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 December 2023, Eric Feltman Memorial Foundation Inc reported income of $59k and spending of $59k, spending 101% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $97k to $59k (-39%), an average of -39% a year. The sharpest change came in the year to December 2023, when income dropped by 39%. Over the whole period it spent 99% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Eric Feltman Memorial Foundation Inc sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 25th percentile within NY. Charities of a similar size with the same main cause include Clawson Fourth of July Committee ($58k), Unc Student Television Incorporated ($59k) and Generations Music Booking NFP ($58k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 286% of the total. At year end it held assets of $17k against liabilities of $0, net assets of $17k.