E a Resources Inc

Analysis

E a Resources Inc is a registered charity in United States, based in Morganfield, KY. It received its IRS tax-exemption ruling in July 2008, 18 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, E a Resources Inc reported income of $580k and spending of $612k, spending 105% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $522k to $580k (+11%), an average of +2.7% a year. The sharpest change came in the year to December 2021, when income rose by 82%. Over the whole period it spent 82% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, E a Resources Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 73rd percentile within KY. Charities of a similar size with the same main cause include Therapy Solutions Childrens Services Inc ($580k), Petersburg Childrens Center Inc ($580k) and Norfolk Senior Citizens Center Inc ($580k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 9.7% and program service revenue 90% of the total. Other salaries and wages came to $230k. At year end it held assets of $1.1m against liabilities of $31k, net assets of $1.1m. It reported 10 employees.