Association for Evolutionary Economics

Analysis

Association for Evolutionary Economics is a registered charity in United States, based in Salisbury, NC. It received its IRS tax-exemption ruling in December 1981, 45 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Association for Evolutionary Economics reported income of $202k and spending of $218k, spending 108% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $170k to $202k (+19%), an average of +4.3% a year. The sharpest change came in the year to December 2023, when income rose by 50%. Over the whole period it spent 81% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Association for Evolutionary Economics sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 52nd percentile within NC. Charities of a similar size with the same main cause include BD Foundation Inc ($202k), Friends of Egyptian Children with Cancer ($202k) and Apostolate of Our Lady of Hope ($201k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 6.4% and program service revenue 50% of the total. Other salaries and wages came to $45k. At year end it held assets of $1.5m against liabilities of $1,251, net assets of $1.5m. It reported 2 employees.