Eagle Pointe Foundation Inc

Analysis

Eagle Pointe Foundation Inc is a registered charity in United States, based in Smithville, IN. It received its IRS tax-exemption ruling in April 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 January 2024, Eagle Pointe Foundation Inc reported income of $59k and spending of $34k, leaving 43% of income unspent that year. Across the 2 years on record, from January 2023 to January 2024, income grew from $33k to $59k (+77%), an average of +77% a year. The sharpest change came in the year to January 2024, when income rose by 77%. Over the whole period it spent 77% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Eagle Pointe Foundation Inc sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 20th percentile within IN. Charities of a similar size with the same main cause include Development District of Central Texas ($59k), Glendora Rotary Charities Inc ($59k) and Cosecha Community Development ($59k).

On its Form 990 for the period ending January 2024, revenue came from contributions and grants 93% of the total. At year end it held assets of $38k against liabilities of $0, net assets of $38k.