Eshaat Foundation

Analysis

Eshaat Foundation is a registered charity in United States, based in Irving, TX. It received its IRS tax-exemption ruling in October 2023, 3 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, Eshaat Foundation reported income of $58k and spending of $36k, leaving 39% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $10k to $58k (+461%), an average of +461% a year. The sharpest change came in the year to December 2023, when income rose by 461%. Over the whole period it spent 52% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Eshaat Foundation sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 23rd percentile within TX. Charities of a similar size with the same main cause include Accelerate Language and Learning Foundation ($58k), Hidalgo Independent School District Scholarship Foundation ($58k) and Hearthshire ($58k).

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 $33k against liabilities of $0, net assets of $33k.