Everest Foundation for Family Enrichment

Analysis

Everest Foundation for Family Enrichment is a registered charity in United States, based in Auburn, NY. It received its IRS tax-exemption ruling in January 2000, 26 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Everest Foundation for Family Enrichment reported income of $501k and spending of $416k, spending 83% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $222k to $501k (+126%), an average of +23% a year. The sharpest change came in the year to December 2020, when income rose by 60%. Over the whole period it spent 79% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Everest Foundation for Family Enrichment sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 66th percentile within NY. Charities of a similar size with the same main cause include Way Home Inc ($501k), National Center for Civil and Human Rights Foundation Inc ($501k) and Florida Coalition for Children Foundation Inc ($501k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 41% of the total. At year end it held assets of $7.0m against liabilities of $0, net assets of $7.0m.