Richard Laylord Evans and Dorothy L Evans Foundation

Analysis

Richard Laylord Evans and Dorothy L Evans Foundation is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in April 1985, 41 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending May 2024, Richard Laylord Evans and Dorothy L Evans Foundation reported income of $2.1m and spending of $587k, leaving 72% of income unspent that year. Across the 5 years on record, from May 2020 to May 2024, income grew from $382k to $2.1m (+447%), an average of +53% a year. The sharpest change came in the year to May 2024, when income rose by 486%. Over the whole period it spent 78% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Richard Laylord Evans and Dorothy L Evans Foundation sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 85th percentile within PA. Charities of a similar size with the same main cause include Cities in Schools Aurora 2000 Inc ($2.1m), Waldorf Association of Whatcom County ($2.1m) and Nca 310 ($2.1m).

Compensation of current officers, directors and key employees was $44k (7.5% of expenses). At year end it held assets of $9.1m against liabilities of $0, net assets of $9.1m.