Evangel Charity Foundation Inc

Analysis

Evangel Charity Foundation Inc is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in October 2024, 2 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending May 2024, Evangel Charity Foundation Inc reported income of $281k and spending of $231k, spending 82% of its income. Across the 3 years on record, from May 2022 to May 2024, income grew from $226k to $281k (+24%), an average of +11% a year. The sharpest change came in the year to May 2023, when income rose by 15%. Over the whole period it spent 84% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Evangel Charity Foundation Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 65th percentile within TX. Charities of a similar size with the same main cause include Foundation for Women ($280k), Chappaqua School Foundation Inc ($281k) and Sauganash Foundation ($280k).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $253k against liabilities of $90k, net assets of $163k.