Everson Museum Foundation

Analysis

Everson Museum Foundation is a registered charity in United States, based in Brooklyn, OH. It received its IRS tax-exemption ruling in May 1980, 46 years ago. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Everson Museum Foundation reported income of $2.5m and spending of $355k, leaving 86% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $171k to $2.5m (+1358%), an average of +95% a year. The sharpest change came in the year to December 2023, when income rose by 1110%. Over the whole period it spent 54% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Everson Museum Foundation 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 88th percentile within OH. Charities of a similar size with the same main cause include Western Pennsylvania Regional Urban Search and Technical Rescue Team ($2.5m), National Association of State Technology Directors ($2.5m) and Boys & Girls Clubs of El Paso ($2.5m).

Compensation of current officers, directors and key employees was $35k (9.8% of expenses). At year end it held assets of $5.1m against liabilities of $0, net assets of $5.1m.