Equitarian Initiative

Analysis

Equitarian Initiative is a registered charity in United States, based in Stillwater, MN. It received its IRS tax-exemption ruling in June 2013, 13 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Equitarian Initiative reported income of $318k and spending of $336k, spending 106% of what it took in. Across the 3 years on record, from December 2020 to December 2023, income fell from $496k to $318k (-36%), an average of -20% a year. The sharpest change came in the year to December 2022, when income dropped by 30%. Over the whole period it spent 67% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Equitarian Initiative sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 61st percentile within MN. Charities of a similar size with the same main cause include Programa Velasco ($318k), Junior Achievement of Eastern North Carolina Inc ($318k) and Hope Water International ($318k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $80k (24% of expenses). At year end it held assets of $444k against liabilities of $960, net assets of $444k. It reported 1 employees.