Evansville Regional Economic Partnership Foundation

Analysis

Evansville Regional Economic Partnership Foundation is a registered charity in United States, based in Evansville, IN. It received its IRS tax-exemption ruling in November 1990, 36 years ago. 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 2020, Evansville Regional Economic Partnership Foundation reported income of $1.4m and spending of $1.3m, spending 88% of its income. Across the 2 years on record, from December 2019 to December 2020, income fell from $1.4m to $1.4m (-0.7%), an average of -0.7% a year. Over the whole period it spent 90% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Evansville Regional Economic Partnership Foundation sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 84th percentile within IN. Charities of a similar size with the same main cause include Local Development Corporation of the Town of Union Broome County Ny ($1.4m), Clark County Volunteer Lawyers Program ($1.4m) and Mayors Institute for Excellence in Government Inc ($1.4m).

On its Form 990 for the period ending December 2020, revenue came from contributions and grants 52% and program service revenue 41% of the total. Other salaries and wages came to $320k. At year end it held assets of $1.5m against liabilities of $55k, net assets of $1.4m. It reported 10 employees.