Espavo

Analysis

Espavo is a registered charity in United States, based in Las Vegas, NV. It received its IRS tax-exemption ruling in September 2000, 26 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 September 2023, Espavo reported income of $198k and spending of $217k, spending 110% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income fell from $306k to $198k (-35%), an average of -10% a year. The sharpest change came in the year to September 2022, when income dropped by 28%. Over the whole period it spent 109% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Espavo sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 58th percentile within NV. Charities of a similar size with the same main cause include Hebrew Wizards Inc ($198k), Central American Ministry Outreach Inc ($198k) and Missionaries of Faith - India Inc ($198k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 0.1% and program service revenue 100% of the total. At year end it held assets of $69k against liabilities of $3,245, net assets of $66k. It reported 1 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.