Eternal Resources

Analysis

Eternal Resources is a registered charity in United States, based in WDM, IA. It received its IRS tax-exemption ruling in February 2022, 4 years ago. Its declared purposes cover arts, culture and humanities, 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, Eternal Resources reported income of $147k and spending of $19k, leaving 87% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $52k to $147k (+182%), an average of +182% a year. The sharpest change came in the year to December 2023, when income rose by 182%. Over the whole period it spent 43% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Eternal Resources 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 47th percentile, and in the 46th percentile within IA. Charities of a similar size with the same main cause include Sod House Theater Company ($147k), Iaf Inc ($147k) and Next Generation Swing Dance Club Inc ($147k).

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 $145k against liabilities of $0, net assets of $145k.