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Arts Evangelica Inc

RegisteredEIN 56-1899173Greensboro, NCEducation and training
Income$54k2023-12
Spending$55ksame year
Spent / received101%2-year average
Size in its cause24th pctEducation and training
Exempt since2004School
Employees–latest return

Analysis

Arts Evangelica Inc is a registered charity in United States, based in Greensboro, NC. It received its IRS tax-exemption ruling in October 2004, 22 years ago. Its declared purposes cover education, which this site groups under education and training. 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 December 2023, Arts Evangelica Inc reported income of $54k and spending of $55k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $36k to $54k (+53%), an average of +53% a year. The sharpest change came in the year to December 2023, when income rose by 53%. Over the whole period it spent 101% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Arts Evangelica Inc sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 19th percentile within NC. Charities of a similar size with the same main cause include Liberty Sertoma Club ($54k), Shawnee Mission South High School Band Boosters Club Inc ($54k) and Fiduciary and Community Service Office Inc ($54k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 41% and program service revenue 59% of the total. At year end it held assets of $3,789 against liabilities of $0, net assets of $3,789.

Income and spending

$0$14k$27k$41k$55k2022 Income: $35,5492022 Spending: $35,85120222023 Income: $54,3802023 Spending: $54,6022023
IncomeSpending

Where the income comes from

  • Contributions & grants 41%
  • Program services 59%

Similar-sized charities, same cause

CharityLocationIncome
Liberty Sertoma ClubLiberty$54k
Shawnee Mission South High School Band Boosters Club IncOverland Park$54k
Fiduciary and Community Service Office IncVacaville$54k
West Covina High School Band Parents Association IncWest Covina$54k