Ellison McCraney Ingram Foundation Inc

Analysis

Ellison McCraney Ingram Foundation Inc is a registered charity in United States, based in Destin, FL. It received its IRS tax-exemption ruling in March 2022, 4 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Ellison McCraney Ingram Foundation Inc reported income of $124k and spending of $12k, leaving 90% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $451k to $124k (-72%), an average of -72% a year. The sharpest change came in the year to December 2023, when income dropped by 72%. Over the whole period it spent 3.5% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Ellison McCraney Ingram 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 42nd percentile, and in the 46th percentile within FL. Charities of a similar size with the same main cause include Common Grounds Community Development Corp ($124k), Brea Olinda Choir Booster Club ($124k) and Acequia Madre PTC Inc ($124k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 51% of the total. At year end it held assets of $707k against liabilities of $0, net assets of $707k.