Energy Polymer Group Inc

Analysis

Energy Polymer Group Inc is a registered charity in United States, based in Prosper, TX. It received its IRS tax-exemption ruling in September 2017, 9 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Energy Polymer Group Inc reported income of $201k and spending of $205k, spending 102% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $133k to $201k (+51%), an average of +51% a year. The sharpest change came in the year to December 2023, when income rose by 51%. Over the whole period it spent 111% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Energy Polymer Group Inc sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 58th percentile within TX. Charities of a similar size with the same main cause include Nourish One Child a Non Profit Corporation ($201k), McKenzies Mission Afh Inc ($202k) and Feeding Tiny Tummies ($201k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 34% and program service revenue 66% of the total. At year end it held assets of $247k against liabilities of $0, net assets of $247k.