Envelop

Analysis

Envelop is a registered charity in United States, based in Oakland, CA. It received its IRS tax-exemption ruling in February 2016, 10 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Envelop reported income of $230k and spending of $262k, spending 114% of what it took in. Across the 4 years on record, from December 2019 to December 2023, income fell from $374k to $230k (-39%), an average of -15% a year. The sharpest change came in the year to December 2022, when income dropped by 33%. Over the whole period it spent 86% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Envelop sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 59th percentile within CA. Charities of a similar size with the same main cause include Ascent Music ($230k), Hundred Members Debating Benevolent Association ($230k) and Montpelier Descendants Committee ($230k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 28% and program service revenue 72% of the total. Compensation of current officers, directors and key employees was $144k (55% of expenses). At year end it held assets of $165k against liabilities of $3,690, net assets of $161k. It reported 2 employees.