Everest Association for Family Enrichment Inc

Analysis

Everest Association for Family Enrichment Inc 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 philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Everest Association for Family Enrichment Inc reported income of $161k and spending of $104k, leaving 35% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $64k to $161k (+149%), an average of +26% a year. The sharpest change came in the year to December 2023, when income rose by 178%. Over the whole period it spent 134% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Everest Association for Family Enrichment Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 47th percentile within NY. Charities of a similar size with the same main cause include Ettie Lee Foundation Inc ($161k), Cherry River Foundation Inc ($161k) and Family & Friends of Steel Charitable Fund ($161k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 40% of the total. At year end it held assets of $1.5m against liabilities of $226k, net assets of $1.3m.