Target Evolution Incorporated

Analysis

Target Evolution Incorporated is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in June 2012, 14 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Target Evolution Incorporated reported income of $313k and spending of $291k, spending 93% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $269k to $313k (+16%), an average of +5.2% a year. The sharpest change came in the year to December 2021, when income rose by 36%. Over the whole period it spent 87% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Target Evolution Incorporated sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 67th percentile within TX. Charities of a similar size with the same main cause include Jackson Hole International Film Festival ($313k), Renew Life Center Inc ($313k) and Kinsman Redeemer Homeless Ministry ($313k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 30% and program service revenue 70% of the total. Compensation of current officers, directors and key employees was $147k (51% of expenses). It paid $6,822 in professional fundraising fees. At year end it held assets of $78k against liabilities of $20k, net assets of $58k. It reported 2 employees.