Evergreen Village Inc

Analysis

Evergreen Village Inc is a registered charity in United States, based in Conroe, TX. It received its IRS tax-exemption ruling in April 1996, 30 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 2024, Evergreen Village Inc reported income of $343k and spending of $399k, spending 116% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $291k to $343k (+18%), an average of +4.2% a year. The sharpest change came in the year to June 2024, when income rose by 17%. Over the whole period it spent 128% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Evergreen Village Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 68th percentile within TX. Charities of a similar size with the same main cause include Glenville State College Housing Corporation ($343k), MHC Chula Vista Non-Profit Housing Inc ($343k) and Clarksville Community Development Corporation ($343k).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 96% of the total. Other salaries and wages came to $57k. At year end it held assets of $1.0m against liabilities of $20k, net assets of $997k. It reported 2 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.