Equinox Software Inc

Analysis

Equinox Software Inc is a registered charity in United States, based in Lawrenceville, GA. It received its IRS tax-exemption ruling in February 2018, 8 years ago. 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 December 2023, Equinox Software Inc reported income of $2.6m and spending of $2.5m, spending 100% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $1.9m to $2.6m (+37%), an average of +6.6% a year. The sharpest change came in the year to December 2021, when income rose by 36%. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Equinox Software Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 90th percentile within GA. Charities of a similar size with the same main cause include Partners in Prevention Inc ($2.6m), Oregon Council for the Humanities ($2.6m) and Center for the Visually Impaired Inc ($2.6m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 99% of the total. Compensation of current officers, directors and key employees was $420k (17% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $773k against liabilities of $913k, net assets of -$141k. It reported 20 employees.