Evolving Lives Inc

Analysis

Evolving Lives Inc is a registered charity in United States, based in Leland, NC. It received its IRS tax-exemption ruling in June 2019, 7 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Evolving Lives Inc reported income of $116k and spending of $116k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $74k to $116k (+57%), an average of +57% a year. The sharpest change came in the year to December 2023, when income rose by 57%. Over the whole period it spent 100% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Evolving Lives Inc sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 39th percentile within NC. Charities of a similar size with the same main cause include Girls on the Run International ($116k), Merrimack Valley Skating Club Inc ($116k) and Prevent Drowning Foundation of San Diego ($116k).

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 $5,712 against liabilities of $5,712, net assets of $0.