Evergreen Terrace Inc

Analysis

Evergreen Terrace Inc is a registered charity in United States, based in Dahlonega, GA. It received its IRS tax-exemption ruling in July 2004, 22 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, Evergreen Terrace Inc reported income of $300k and spending of $408k, spending 136% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $541k to $300k (-44%), an average of -14% a year. The sharpest change came in the year to December 2023, when income dropped by 36%. Over the whole period it spent 102% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Evergreen Terrace Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 66th percentile within GA. Charities of a similar size with the same main cause include Three-Wide Ministries ($300k), Tabernacle of the Congregation Interdenominational Fellowship Inc ($300k) and Gold Star Peak Inc ($300k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $163k. At year end it held assets of $175k against liabilities of $21k, net assets of $154k. It reported 12 employees.