Eha Impact Ventures Inc

Analysis

Eha Impact Ventures Inc is a registered charity in United States, based in Wilmington, DE. It received its IRS tax-exemption ruling in February 2022, 4 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Eha Impact Ventures Inc reported income of $161k and spending of $529k, spending 329% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $4.6m to $161k (-96%), an average of -81% a year. The sharpest change came in the year to December 2022, when income dropped by 90%. Over the whole period it spent 19% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Eha Impact Ventures Inc sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 43rd percentile within DE. Charities of a similar size with the same main cause include Honduras Hope Mission ($161k), Parish Twinning Program ($161k) and Manhattan His Association ($161k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 16% of the total. Compensation of current officers, directors and key employees was $256k (48% of expenses). It paid $2,000 in professional fundraising fees. At year end it held assets of $8.8m against liabilities of $1.5m, net assets of $7.3m. It reported 2 employees.