Evsc Foundation Inc

Analysis

Evsc Foundation Inc is a registered charity in United States, based in Evansville, IN. It received its IRS tax-exemption ruling in February 2009, 17 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 December 2023, Evsc Foundation Inc reported income of $3.0m and spending of $3.0m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.8m to $3.0m (+61%), an average of +13% a year. The sharpest change came in the year to December 2023, when income rose by 53%. Over the whole period it spent 80% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Evsc Foundation Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within IN. Charities of a similar size with the same main cause include United Way of Frederick County Incorporated ($3.0m), Hobe Sound Community Chest Inc ($3.0m) and Leave No Veteran Behind ($3.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% of the total. Other salaries and wages came to $282k. At year end it held assets of $6.5m against liabilities of $60k, net assets of $6.4m. It reported 15 employees.