Everyage Foundation

Analysis

Everyage Foundation is a registered charity in United States, based in Newton, NC. It received its IRS tax-exemption ruling in April 2001, 25 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Everyage Foundation reported income of $1.1m and spending of $627k, leaving 45% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income fell from $2.5m to $1.1m (-55%), an average of -18% a year. The sharpest change came in the year to September 2022, when income rose by 87%. Over the whole period it spent 84% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Everyage Foundation sits at the 77th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 81st percentile within NC. Charities of a similar size with the same main cause include Little Castle Learning & Development Center Inc ($1.1m), Level Up Solutions Inc ($1.1m) and U S Community Transportation Inc ($1.1m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 92% of the total. Compensation of current officers, directors and key employees was $210k (34% of expenses). At year end it held assets of $12.6m against liabilities of $3.7m, net assets of $8.9m. It reported 4 employees.