Everett

Analysis

Everett is a registered charity in United States, based in Providence, RI. It received its IRS tax-exemption ruling in February 1991, 35 years ago. Its declared purposes cover arts, culture and humanities, 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, Everett reported income of $291k and spending of $232k, leaving 20% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income fell from $299k to $291k (-2.6%), an average of -0.7% a year. The sharpest change came in the year to June 2022, when income rose by 39%. Over the whole period it spent 82% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Everett sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 57th percentile within RI. Charities of a similar size with the same main cause include Reading Science Center ($291k), Lyric Opera of the North Incorporated ($291k) and Keep Sevier Beautiful ($291k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 63% and program service revenue 34% of the total. Compensation of current officers, directors and key employees was $35k (15% of expenses). Other salaries and wages came to $91k. At year end it held assets of $834k against liabilities of $3,736, net assets of $831k. It reported 12 employees.