Evergreen Charitable & Educational Foundation Inc

Analysis

Evergreen Charitable & Educational Foundation Inc is a registered charity in United States, based in Campbellsburg, KY. It received its IRS tax-exemption ruling in April 2001, 25 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Evergreen Charitable & Educational Foundation Inc reported income of $723k and spending of $650k, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $3.3m to $723k (-78%), an average of -32% a year. The sharpest change came in the year to December 2021, when income dropped by 69%. Over the whole period it spent 40% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Evergreen Charitable & Educational Foundation Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 76th percentile within KY. Charities of a similar size with the same main cause include Flint Jewish Federation ($723k), Tahoe Mountain Resorts Foundation ($724k) and Corpus Christi Foundation of Holland Zealand ($723k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 13% of the total. At year end it held assets of $8.3m against liabilities of $0, net assets of $8.3m.