Eventide

Analysis

Eventide is a registered charity in United States, based in Denison, IA. It received its IRS tax-exemption ruling in March 1965, 61 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Eventide reported income of $9.7m and spending of $9.1m, spending 94% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $9.0m to $9.7m (+7.3%), an average of +1.8% a year. Over the whole period it spent 79% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Eventide sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within IA. Charities of a similar size with the same main cause include Nuway Recovery Foundation ($9.7m), The Mental Health Fund Inc ($9.7m) and Masada Home Care Inc ($9.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 12% and program service revenue 78% of the total. Compensation of current officers, directors and key employees was $188k (2.1% of expenses). Other salaries and wages came to $4.4m. At year end it held assets of $35.2m against liabilities of $19.0m, net assets of $16.2m. It reported 165 employees.