Evergreen Homes Inc

Analysis

Evergreen Homes Inc is a registered charity in United States, based in Kittanning, PA. It received its IRS tax-exemption ruling in May 1991, 35 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2023, Evergreen Homes Inc reported income of $9.6m and spending of $9.4m, spending 98% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $8.2m to $9.6m (+17%), an average of +4.1% a year. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Evergreen Homes Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 94th percentile within PA. Charities of a similar size with the same main cause include Hill Top Home of Comfort Inc ($9.6m), Tazwood Community Services Inc ($9.6m) and Prokids Inc ($9.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.1% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $209k (2.2% of expenses). Other salaries and wages came to $6.0m. At year end it held assets of $4.2m against liabilities of $906k, net assets of $3.3m. It reported 183 employees.