Dr Michael a Evans Sr Scholarship Foundation

Analysis

Dr Michael a Evans Sr Scholarship Foundation is a registered charity in United States, based in Mansfield, TX. It received its IRS tax-exemption ruling in August 2016, 10 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3).

In the financial year ending December 2023, Dr Michael a Evans Sr Scholarship Foundation reported income of $89k and spending of $43k, leaving 51% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $68k to $89k (+32%), an average of +32% a year. The sharpest change came in the year to December 2023, when income rose by 32%. Over the whole period it spent 46% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Dr Michael a Evans Sr Scholarship Foundation sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 36th percentile within TX. Charities of a similar size with the same main cause include Shannon Leadership Institute ($89k), Little League Baseball Inc ($89k) and PTA California Congress of Parents Teachers & Students Inc ($89k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 4.5% and program service revenue 86% of the total. At year end it held assets of $226k against liabilities of $768, net assets of $226k.