Evjue Foundation Inc

Analysis

Evjue Foundation Inc is a registered charity in United States, based in Madison, WI. It received its IRS tax-exemption ruling in May 1959, 67 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 February 2024, Evjue Foundation Inc reported income of $2.2m and spending of $2.4m, spending 110% of what it took in. Across the 5 years on record, from February 2020 to February 2024, income fell from $2.9m to $2.2m (-25%), an average of -7.0% a year. The sharpest change came in the year to February 2022, when income rose by 34%. Over the whole period it spent 85% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Evjue Foundation Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 87th percentile within WI. Charities of a similar size with the same main cause include North Shore Innoventures Inc ($2.2m), Van Cliburn Trust Fund ($2.2m) and The El Segundo Educational Foundation ($2.2m).

On its Form 990 for the period ending February 2024, revenue came from contributions and grants 71% of the total. Compensation of current officers, directors and key employees was $108k (4.5% of expenses). At year end it held assets of $27.7m against liabilities of $0, net assets of $27.7m. It reported 1 employees.