The Evergreen Villages Foundation

Analysis

The Evergreen Villages Foundation is a registered charity in United States, based in San Jose, CA. It received its IRS tax-exemption ruling in March 2009, 17 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 April 2023, The Evergreen Villages Foundation reported income of $961k and spending of $23k, leaving 98% of income unspent that year. Across the 5 years on record, from April 2019 to April 2023, income grew from $275k to $961k (+250%), an average of +37% a year. The sharpest change came in the year to April 2023, when income rose by 1105%. Over the whole period it spent 43% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, The Evergreen Villages Foundation sits at the 77th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 80th percentile within CA. Charities of a similar size with the same main cause include Center for Community Action and Environmental Justice ($961k), Assistive Technology Resource Centers of Hawaii ($962k) and Heartisans Marketplace ($961k).

On its Form 990 for the period ending April 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $1.3m against liabilities of $0, net assets of $1.3m.