Epigenix Foundation

Analysis

Epigenix Foundation is a registered charity in United States, based in Santa Monica, CA. It received its IRS tax-exemption ruling in April 2016, 10 years ago. Its declared purposes cover science and technology, which this site groups under arts, culture, heritage and science. The IRS classifies it as a private non-operating foundation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Epigenix Foundation reported income of $108k and spending of $126k, spending 117% of what it took in. Across the 3 years on record, from December 2019 to December 2023, income fell from $590k to $108k (-82%), an average of -57% a year. The sharpest change came in the year to December 2023, when income dropped by 90%. Over the whole period it spent 69% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Epigenix Foundation sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 41st percentile within CA. Charities of a similar size with the same main cause include FJK Dance Inc ($108k), Automata Arts ($108k) and Warren County Educational Foundation ($108k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $30k (24% of expenses). At year end it held assets of $102k against liabilities of $87k, net assets of $14k. It reported 1 employees.