Elim Park Foundation Inc

Analysis

Elim Park Foundation Inc is a registered charity in United States, based in Cheshire, CT. It received its IRS tax-exemption ruling in August 2009, 17 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Elim Park Foundation Inc reported income of $351k and spending of $5,811, leaving 98% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income fell from $542k to $351k (-35%), an average of -10% a year. The sharpest change came in the year to September 2022, when income rose by 264%. Over the whole period it spent 23% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Elim Park Foundation Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 62nd percentile within CT. Charities of a similar size with the same main cause include Freedom Path Counseling Inc ($351k), Heartland Christian Broadcasters Inc ($351k) and Millennium Kingdom International Embassy Inc ($351k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 67% of the total. At year end it held assets of $3.9m against liabilities of $2.1m, net assets of $1.8m.