Epd Inc

Analysis

Epd Inc is a registered charity in United States, based in Angleton, TX. It received its IRS tax-exemption ruling in October 2019, 7 years ago. 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, Epd Inc reported income of $15.3m and spending of $7.0m, leaving 54% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $3.6m to $15.3m (+321%), an average of +62% a year. The sharpest change came in the year to December 2022, when income rose by 210%. Over the whole period it spent 47% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Epd Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within TX. Charities of a similar size with the same main cause include Louise S McGehee School ($15.3m), Our Lady of the Valley Inc ($15.3m) and Christian Schools Inc ($15.3m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 96% of the total. Compensation of current officers, directors and key employees was $624k (9.0% of expenses). Other salaries and wages came to $2.7m. At year end it held assets of $28.0m against liabilities of $1.6m, net assets of $26.4m. It reported 100 employees.