Evergreen School Incorporated

Analysis

Evergreen School Incorporated is a registered charity in United States, based in Silver Spring, MD. It received its IRS tax-exemption ruling in October 1983, 43 years ago. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, Evergreen School Incorporated reported income of $3.3m and spending of $2.5m, leaving 23% of income unspent that year. Across the 4 years on record, from August 2019 to August 2023, income grew from $2.1m to $3.3m (+56%), an average of +16% a year. The sharpest change came in the year to August 2022, when income rose by 44%. Over the whole period it spent 84% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Evergreen School Incorporated sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 88th percentile within MD. Charities of a similar size with the same main cause include Boys & Girls Club of Manhattan Inc ($3.3m), Family and Community Christian Association ($3.3m) and Childrens Center for the Visually Impaired ($3.3m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 16% and program service revenue 81% of the total. Compensation of current officers, directors and key employees was $183k (7.3% of expenses). Other salaries and wages came to $1.4m. At year end it held assets of $6.4m against liabilities of $3.8m, net assets of $2.7m. It reported 37 employees.