Evergreen Presbyterian Ministries of Texas Inc

Analysis

Evergreen Presbyterian Ministries of Texas Inc is a registered charity in United States, based in Haughton, LA. It received its IRS tax-exemption ruling in January 1987, 39 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 June 2023, Evergreen Presbyterian Ministries of Texas Inc reported income of $10.4m and spending of $11.5m, spending 111% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $11.3m to $10.4m (-8.1%), an average of -2.1% a year. 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 Presbyterian Ministries of Texas Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within LA. Charities of a similar size with the same main cause include Hospice Care Team Inc ($10.4m), Grace Lifecare Inc ($10.4m) and New Beginnings Inc ($10.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 1.9% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $96k (0.8% of expenses). Other salaries and wages came to $5.9m. At year end it held assets of $7.6m against liabilities of $5.6m, net assets of $2.0m. It reported 322 employees.