Evergreen Financial Counseling

Analysis

Evergreen Financial Counseling is a registered charity in United States, based in Fort Worth, TX. It received its IRS tax-exemption ruling in May 2012, 14 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 December 2023, Evergreen Financial Counseling reported income of $70k and spending of $121k, spending 172% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $123k to $70k (-42%), an average of -42% a year. The sharpest change came in the year to December 2023, when income dropped by 42%. Over the whole period it spent 125% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Evergreen Financial Counseling sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 29th percentile within TX. Charities of a similar size with the same main cause include Family Resource Services of Lonoke Inc ($70k), God Bless the Children USA Inc ($70k) and Larys Speakeasy ($70k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $164k against liabilities of $230k, net assets of -$66k.