Ecoventures International Inc

Analysis

Ecoventures International Inc is a registered charity in United States, based in Alexandria, VA. It received its IRS tax-exemption ruling in November 2003, 23 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. 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 December 2023, Ecoventures International Inc reported income of $1.2m and spending of $1.2m, spending 103% of its income. Across the 4 years on record, from December 2019 to December 2023, income grew from $835k to $1.2m (+44%), an average of +13% a year. The sharpest change came in the year to December 2022, when income rose by 18%. Over the whole period it spent 95% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Ecoventures International Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 82nd percentile within VA. Charities of a similar size with the same main cause include Gorman Heritage Farm Foundation ($1.2m), The Gaia-Movement Living Earth Green World Action USA Inc ($1.2m) and Capitol Reef Natural History Association ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 11% and program service revenue 89% of the total. Compensation of current officers, directors and key employees was $177k (14% of expenses). Other salaries and wages came to $422k. At year end it held assets of $691k against liabilities of $161k, net assets of $531k. It reported 5 employees.