Evolve Adoption & Family Services

Analysis

Evolve Adoption & Family Services is a registered charity in United States, based in Stillwater, MN. It received its IRS tax-exemption ruling in May 1977, 49 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2023, Evolve Adoption & Family Services reported income of $2.6m and spending of $2.9m, spending 111% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $3.4m to $2.6m (-22%), an average of -6.2% a year. The sharpest change came in the year to June 2020, when income dropped by 17%. Over the whole period it spent 102% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Evolve Adoption & Family Services 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 88th percentile, and in the 87th percentile within MN. Charities of a similar size with the same main cause include My Very Own Blanket Project ($2.6m), Promiseland Preschool Inc ($2.6m) and Rose Centers for Aging Well LLC ($2.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 12% and program service revenue 87% of the total. Compensation of current officers, directors and key employees was $110k (3.7% of expenses). Other salaries and wages came to $1.1m. It paid $4,850 in professional fundraising fees. At year end it held assets of $1.3m against liabilities of $943k, net assets of $348k. It reported 44 employees.