Henry & William Evans Home Inc

Analysis

Henry & William Evans Home Inc is a registered charity in United States, based in Winchester, VA. It received its IRS tax-exemption ruling in September 1954, 72 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 July 2023, Henry & William Evans Home Inc reported income of $687k and spending of $700k, spending 102% of its income. Across the 4 years on record, from July 2020 to July 2023, income grew from $553k to $687k (+24%), an average of +7.5% a year. The sharpest change came in the year to July 2021, when income rose by 179%. Over the whole period it spent 67% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Henry & William Evans Home Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 75th percentile within VA. Charities of a similar size with the same main cause include Ghana West Africa Missions ($687k), Village Treasure House ($688k) and Accessurf Hawaii Inc ($687k).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 68% and program service revenue 3.0% of the total. Compensation of current officers, directors and key employees was $361k (52% of expenses). At year end it held assets of $3.5m against liabilities of $5,220, net assets of $3.5m. It reported 8 employees.