Ethos Inc

Analysis

Ethos Inc is a registered charity in United States, based in Elkhart, IN. It received its IRS tax-exemption ruling in July 2001, 25 years ago. Its declared purposes cover science and technology, 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 June 2023, Ethos Inc reported income of $1.4m and spending of $1.4m, spending 96% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $970k to $1.4m (+46%), an average of +9.9% a year. The sharpest change came in the year to June 2021, when income rose by 67%. Over the whole period it spent 106% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Ethos Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 83rd percentile within IN. Charities of a similar size with the same main cause include The Southern Documentary Fund ($1.4m), Plantrician Project ($1.4m) and Couse Foundation ($1.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 24% and program service revenue 22% of the total. Compensation of current officers, directors and key employees was $253k (19% of expenses). Other salaries and wages came to $463k. At year end it held assets of $6.5m against liabilities of $732k, net assets of $5.8m. It reported 25 employees.