Eliot Institute

Analysis

Eliot Institute is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in July 1976, 50 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending January 2024, Eliot Institute reported income of $514k and spending of $494k, spending 96% of its income. Across the 5 years on record, from January 2020 to January 2024, income grew from $457k to $514k (+13%), an average of +3.0% a year. The sharpest change came in the year to January 2023, when income rose by 317%. Over the whole period it spent 102% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Eliot Institute sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 69th percentile within WA. Charities of a similar size with the same main cause include Hindu Cultural Center of Connecticut Inc ($514k), The Revival for Christ Club Inc ($515k) and Georgia Food & Resource Center Inc ($514k).

On its Form 990 for the period ending January 2024, revenue came from contributions and grants 6.1% and program service revenue 93% of the total. At year end it held assets of $231k against liabilities of $64k, net assets of $166k.