Ewe Spirit Foundation Inc

Analysis

Ewe Spirit Foundation Inc is a registered charity in United States, based in Annapolis, MD. It received its IRS tax-exemption ruling in August 2021, 5 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Ewe Spirit Foundation Inc reported income of $150k and spending of $148k, spending 99% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $134k to $150k (+11%), an average of +12% a year. Over the whole period it spent 102% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Ewe Spirit Foundation Inc sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 47th percentile within MD. Charities of a similar size with the same main cause include Dedham Square Circle Ltd ($150k), Rock and Wrap It Up Inc ($150k) and Lifescore Foundation ($150k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $71k against liabilities of $1,064, net assets of $70k.