Evans Park Inc

Analysis

Evans Park Inc is a registered charity in United States, based in Elk River, MN. It received its IRS tax-exemption ruling in June 1987, 39 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 September 2023, Evans Park Inc reported income of $19.8m and spending of $21.1m, spending 106% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $12.7m to $19.8m (+57%), an average of +12% a year. The sharpest change came in the year to September 2020, when income rose by 25%. Over the whole period it spent 101% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Evans Park Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within MN. Charities of a similar size with the same main cause include Greek American Rehabilitation and Care Centre Inc ($19.8m), Catholic Health Services Inc ($19.8m) and Personal Enrichment Through Mental Health Services Inc ($19.8m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 0.2% and program service revenue 98% of the total. Other salaries and wages came to $7.5m. At year end it held assets of $39.2m against liabilities of $42.7m, net assets of -$3.6m.