Queen Esther Fund Inc

Analysis

Queen Esther Fund Inc is a registered charity in United States, based in South Plainfield, NJ. It received its IRS tax-exemption ruling in October 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 December 2023, Queen Esther Fund Inc reported income of $649k and spending of $267, leaving 100% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income fell from $655k to $649k (-0.9%), an average of -0.3% a year. The sharpest change came in the year to December 2022, when income rose by 584%. Over the whole period it spent 1.2% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Queen Esther Fund Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 78th percentile within NJ. Charities of a similar size with the same main cause include Tirbracken Green Foundation Inc ($649k), Alvin I S D Education Foundation Inc ($649k) and Hamilton Community Foundation Inc ($649k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 80% of the total. At year end it held assets of $1.7m against liabilities of $0, net assets of $1.7m.