Epic International Corporation

Analysis

Epic International Corporation is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in September 2003, 23 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 December 2023, Epic International Corporation reported income of $4.5m and spending of $4.5m, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.1m to $4.5m (+113%), an average of +21% a year. The sharpest change came in the year to December 2023, when income rose by 61%. Over the whole period it spent 95% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Epic International Corporation sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 94th percentile within TX. Charities of a similar size with the same main cause include Building Hope in the City ($4.5m), Black Rock Retreat ($4.5m) and Bodhi Buddharealm Society ($4.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $181k (4.1% of expenses). Other salaries and wages came to $219k. It paid $103k in professional fundraising fees. At year end it held assets of $1.3m against liabilities of $86, net assets of $1.3m. It reported 6 employees.