The Evergreen Foundation

Analysis

The Evergreen Foundation is a registered charity in United States, based in Buffalo, NY. It received its IRS tax-exemption ruling in May 1995, 31 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 December 2023, The Evergreen Foundation reported income of $2.1m and spending of $2.2m, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.6m to $2.1m (+35%), an average of +7.8% a year. The sharpest change came in the year to December 2023, when income rose by 31%. Over the whole period it spent 120% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, The Evergreen Foundation sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 83rd percentile within NY. Charities of a similar size with the same main cause include Prop Shop of Eden Prairie ($2.1m), United Way of Northern Arizona ($2.1m) and School the World ($2.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 31% and program service revenue 66% of the total. Other salaries and wages came to $189k. At year end it held assets of $19.9m against liabilities of $16.0m, net assets of $4.0m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.