Epiphany Formation Inc

Analysis

Epiphany Formation Inc is a registered charity in United States, based in Downers Grove, IL. It received its IRS tax-exemption ruling in August 1990, 36 years ago. 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 March 2022, Epiphany Formation Inc reported income of $373k and spending of $364k, spending 98% of its income. Across the 4 years on record, from March 2019 to March 2022, income grew from $330k to $373k (+13%), an average of +4.1% a year. The sharpest change came in the year to March 2022, when income rose by 23%. Over the whole period it spent 105% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Epiphany Formation 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 65th percentile, and in the 65th percentile within IL. Charities of a similar size with the same main cause include Youth for Christ USA Inc ($373k), Mont Pleasant YMCA Housing Corporation ($373k) and St Lawrence County Indust Develop Agency Local Develop Corporation ($373k).

On its Form 990 for the period ending March 2022, revenue came from contributions and grants 3.5% and program service revenue 24% of the total. Other salaries and wages came to $149k. At year end it held assets of $587k against liabilities of $21k, net assets of $566k. It reported 10 employees.