Evolutionary Arts Life Foundation Inc

Analysis

Evolutionary Arts Life Foundation Inc is a registered charity in United States, based in Opa Locka, FL. It received its IRS tax-exemption ruling in August 2018, 8 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, Evolutionary Arts Life Foundation Inc reported income of $246k and spending of $237k, spending 96% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $118k to $246k (+110%), an average of +45% a year. The sharpest change came in the year to December 2022, when income rose by 124%. Over the whole period it spent 69% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Evolutionary Arts Life Foundation Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 61st percentile within FL. Charities of a similar size with the same main cause include Secure Beginnings ($246k), Ncompass ($246k) and Heritage Event and Arts Center Inc ($246k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 63% and program service revenue 37% of the total. Compensation of current officers, directors and key employees was $89k (37% of expenses). Other salaries and wages came to $94k. At year end it held assets of $160k against liabilities of $89k, net assets of $70k.