The Epic Foundation Inc

Analysis

The Epic Foundation Inc is a registered charity in United States, based in Pembroke Pines, FL. It received its IRS tax-exemption ruling in August 2015, 11 years ago. Its declared purposes cover education, which this site groups under education and training. 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, The Epic Foundation Inc reported income of $162k and spending of $188k, spending 116% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $179k to $162k (-9.3%), an average of -9.3% a year. Over the whole period it spent 88% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, The Epic Foundation Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 53rd percentile within FL. Charities of a similar size with the same main cause include Joint Council of Librarians of Color ($162k), Edgebrook School Foundation ($162k) and Valluvan Tamil Academy ($162k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 37% of the total. Compensation of current officers, directors and key employees was $60k (32% of expenses). Other salaries and wages came to $23k. At year end it held assets of $80k against liabilities of $5,727, net assets of $74k. It reported 2 employees.