The E2 Initiative

Analysis

The E2 Initiative is a registered charity in United States, based in Van Alstyne, TX. It received its IRS tax-exemption ruling in March 2021, 5 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, The E2 Initiative reported income of $148k and spending of $174k, spending 118% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income fell from $663k to $148k (-78%), an average of -39% a year. The sharpest change came in the year to December 2021, when income dropped by 77%. Over the whole period it spent 44% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, The E2 Initiative sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 50th percentile within TX. Charities of a similar size with the same main cause include Serve One ($148k), Nielsen Ministries Inc ($148k) and Thee Quaker Project ($148k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $96k (55% of expenses). At year end it held assets of $701k against liabilities of $7,010, net assets of $694k. It reported 1 employees.