Evolution Foundation

Analysis

Evolution Foundation is a registered charity in United States, based in Edmond, OK. It received its IRS tax-exemption ruling in March 2005, 21 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 June 2024, Evolution Foundation reported income of $866k and spending of $699k, spending 81% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $394k to $866k (+120%), an average of +17% a year. The sharpest change came in the year to June 2024, when income rose by 130%. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Evolution Foundation sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 79th percentile within OK. Charities of a similar size with the same main cause include Seymour-Oxford Nursery & Child Care Association Inc ($866k), Living Out Loud Inc ($866k) and Black Farm Bureau ($865k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 2.8% and program service revenue 97% of the total. Other salaries and wages came to $348k. At year end it held assets of $426k against liabilities of $24k, net assets of $402k. It reported 2 employees.