Eventide West Fargo LLC

Analysis

Eventide West Fargo LLC is a registered charity in United States, based in Moorhead, MN. It received its IRS tax-exemption ruling in December 2006, 20 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Eventide West Fargo LLC reported income of $5.8m and spending of $4.7m, spending 81% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $5.1m to $5.8m (+14%), an average of +3.4% a year. The sharpest change came in the year to September 2023, when income rose by 20%. Over the whole period it spent 86% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Eventide West Fargo LLC sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 92nd percentile within MN. Charities of a similar size with the same main cause include Frederick Rescue Mission Inc ($5.8m), Poverello Center Inc ($5.8m) and The Maggie@walker Community Land Trust ($5.8m).

On its Form 990 for the period ending September 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $1.9m. At year end it held assets of $22.6m against liabilities of $19.6m, net assets of $3.0m.