Equity Research Organization

Analysis

Equity Research Organization is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in March 2022, 4 years ago. Its declared purposes cover social science, which this site groups under arts, culture, heritage and science. 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, Equity Research Organization reported income of $2.9m and spending of $1.6m, leaving 44% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $1.8m to $2.9m (+58%), an average of +58% a year. The sharpest change came in the year to December 2023, when income rose by 58%. Over the whole period it spent 59% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Equity Research Organization sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 87th percentile within PA. Charities of a similar size with the same main cause include Northwest Communities Education Center ($2.9m), New Haven International Festival of Arts & Ideas Inc ($2.9m) and Nashville Opera Association ($2.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 17% and program service revenue 81% of the total. Compensation of current officers, directors and key employees was $286k (18% of expenses). Other salaries and wages came to $446k. At year end it held assets of $4.4m against liabilities of $2.4m, net assets of $2.0m. It reported 7 employees.