McEivr Inc
Analysis
McEivr Inc is a registered charity in United States, based in Hartford, CT. It received its IRS tax-exemption ruling in July 2016, 10 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending December 2023, McEivr Inc reported income of $1.4m and spending of $1.3m, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.4m to $1.4m (-0.9%), an average of -0.2% a year. The sharpest change came in the year to December 2020, when income dropped by 29%. Over the whole period it spent 101% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, McEivr Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 81st percentile within CT. Charities of a similar size with the same main cause include Ebenezer Christian School ($1.4m), Slavic Christian Academy ($1.4m) and Great Education Colorado ($1.4m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 90% and program service revenue 7.7% of the total. Compensation of current officers, directors and key employees was $193k (14% of expenses). Other salaries and wages came to $421k. At year end it held assets of $3.1m against liabilities of $1.4m, net assets of $1.6m. It reported 32 employees.
Income and spending
Where the income comes from
- Contributions & grants 90%
- Program services 7.7%
- Other 2.7%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Ebenezer Christian School | Lynden | $1.4m |
| Slavic Christian Academy | Vancouver | $1.4m |
| Great Education Colorado | Denver | $1.4m |
| Intiwasi | Los Angeles | $1.4m |