Epic Foundation

Analysis

Epic Foundation is a registered charity in United States, based in Peoria, IL. It received its IRS tax-exemption ruling in March 1986, 40 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Epic Foundation reported income of $562k and spending of $152k, leaving 73% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $137k to $562k (+311%), an average of +60% a year. The sharpest change came in the year to June 2021, when income rose by 827%. Over the whole period it spent 22% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Epic Foundation sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 72nd percentile within IL. Charities of a similar size with the same main cause include God Squad Inc ($562k), Nebraska Youth Center ($562k) and Sunshine Center Inc ($562k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 93% of the total. At year end it held assets of $4.5m against liabilities of $0, net assets of $4.5m.