Evolve Ca Education Fund Inc

Analysis

Evolve Ca Education Fund Inc is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in August 2016, 10 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Evolve Ca Education Fund Inc reported income of $424k and spending of $429k, spending 101% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $830k to $424k (-49%), an average of -28% a year. The sharpest change came in the year to December 2022, when income dropped by 64%. Over the whole period it spent 66% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Evolve Ca Education Fund Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 69th percentile within CA. Charities of a similar size with the same main cause include South Carolina First Steps to School Readiness Board of Trustees ($424k), International Brotherhood of Electrical Workers ($424k) and Kids Place ($424k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% of the total. At year end it held assets of $683k against liabilities of $110k, net assets of $573k.