Equifund Organization Inc

Analysis

Equifund Organization Inc is a registered charity in United States, based in Hollywood, FL. It received its IRS tax-exemption ruling in December 2010, 16 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 private non-operating foundation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2021, Equifund Organization Inc reported income of $440k and spending of $161k, leaving 63% of income unspent that year. Across the 2 years on record, from December 2020 to December 2021, income grew from $305k to $440k (+44%), an average of +44% a year. The sharpest change came in the year to December 2021, when income rose by 44%. Over the whole period it spent 31% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Equifund Organization Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 71st percentile within FL. Charities of a similar size with the same main cause include Lutheran Family and Childrens Services Foundation Inc ($440k), Avamar Foundation ($440k) and 5-Cities Community Service Foundation ($440k).

On its Form 990 for the period ending December 2021, revenue came from contributions and grants 100% of the total. At year end it held assets of $655k against liabilities of $0, net assets of $655k.