Ensign Partners Foundation Inc

Analysis

Ensign Partners Foundation Inc is a registered charity in United States, based in Gilbert, AZ. It received its IRS tax-exemption ruling in August 2023, 3 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Ensign Partners Foundation Inc reported income of $152k and spending of $102k, leaving 33% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $82k to $152k (+86%), an average of +86% a year. The sharpest change came in the year to December 2023, when income rose by 86%. Over the whole period it spent 78% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Ensign Partners Foundation Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 45th percentile within AZ. Charities of a similar size with the same main cause include Charleston Resturant Foundation Inc ($152k), Bond Co Community Unit 2 Academic Foundation Inc ($152k) and Alexs Team Foundation Inc ($152k).

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 $62k against liabilities of $10k, net assets of $52k.