Ewm Inc

Analysis

Ewm Inc is a registered charity in United States, based in Evansville, IN. It received its IRS tax-exemption ruling in January 2014, 12 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Ewm Inc reported income of $692k and spending of $341k, leaving 51% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $255k to $692k (+171%), an average of +65% a year. The sharpest change came in the year to December 2023, when income rose by 124%. Over the whole period it spent 53% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Ewm Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 75th percentile within IN. Charities of a similar size with the same main cause include Underground Railroad History Project of the Capital Region ($692k), American Association of Variable Star Observers ($692k) and Academy of Model Aeronautics Foundation ($691k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 67% and program service revenue 27% of the total. Other salaries and wages came to $101k. At year end it held assets of $725k against liabilities of $35k, net assets of $690k. It reported 4 employees.