Evergreen Fund

Analysis

Evergreen Fund is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in September 2005, 21 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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 2022, Evergreen Fund reported income of $4.0m and spending of $4.2m, spending 105% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $828k to $4.0m (+378%), an average of +68% a year. The sharpest change came in the year to December 2022, when income rose by 119%. Over the whole period it spent 112% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Evergreen Fund sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 91st percentile within CA. Charities of a similar size with the same main cause include Unconditional Love Incorporated ($4.0m), Cancer for College ($4.0m) and Healthcare Foundation of Wilson ($4.0m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 2.0% and program service revenue 98% of the total. Other salaries and wages came to $920k. At year end it held assets of $218k against liabilities of $1.0m, net assets of -$831k. It reported 2 employees.

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.