Equasion

Analysis

Equasion is a registered charity in United States, based in Cincinnati, OH. It received its IRS tax-exemption ruling in August 2017, 9 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Equasion reported income of $144k and spending of $103k, leaving 28% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $91k to $144k (+58%), an average of +58% a year. The sharpest change came in the year to December 2023, when income rose by 58%. Over the whole period it spent 74% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Equasion sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 46th percentile within OH. Charities of a similar size with the same main cause include Black Mountain Assisted Family Living Inc ($144k), West Liberty Before and After School Programs ($144k) and Amador County Fair Foundation ($144k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $98k against liabilities of $2,829, net assets of $95k.