We Evolve Global Foundation Inc

Analysis

We Evolve Global Foundation Inc is a registered charity in United States, based in Weston, FL. It received its IRS tax-exemption ruling in July 2020, 6 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, We Evolve Global Foundation Inc reported income of $186k and spending of $146k, leaving 22% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $38k to $186k (+395%), an average of +122% a year. The sharpest change came in the year to December 2023, when income rose by 553%. Over the whole period it spent 70% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, We Evolve Global Foundation Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 56th percentile within FL. Charities of a similar size with the same main cause include The Harvest Fund Ltd ($186k), Women to the World Inc ($186k) and Lumeya International Ministries Inc ($186k).

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 $100k against liabilities of $0, net assets of $100k.