Evolve ND

Analysis

Evolve ND is a registered charity in United States, based in Grand Forks, ND. It received its IRS tax-exemption ruling in October 2017, 9 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 ND reported income of $68k and spending of $134k, spending 195% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $248k to $68k (-72%), an average of -47% a year. The sharpest change came in the year to December 2023, when income dropped by 63%. Over the whole period it spent 113% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Evolve ND sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 18th percentile within ND. Charities of a similar size with the same main cause include Main Street Homer ($68k), Pacific Partnership ($68k) and Ohio Brew Week Inc ($68k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% and program service revenue 3.8% of the total. Other salaries and wages came to $18k. At year end it held assets of $39k against liabilities of $36k, net assets of $2,570. It reported 3 employees.