Epsilon Spires Inc

Analysis

Epsilon Spires Inc is a registered charity in United States, based in Brattleboro, VT. It received its IRS tax-exemption ruling in October 2019, 7 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Epsilon Spires Inc reported income of $124k and spending of $137k, spending 111% of what it took in. Across the 3 years on record, from December 2019 to December 2023, income grew from $64k to $124k (+95%), an average of +40% a year. The sharpest change came in the year to December 2022, when income rose by 125%. Over the whole period it spent 108% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Epsilon Spires Inc sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 33rd percentile within VT. Charities of a similar size with the same main cause include Alvin Museum Society ($124k), City Theatre Company ($124k) and American Associates of the Old Vic Theatre Inc ($124k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 68% and program service revenue 32% of the total. At year end it held assets of $24k against liabilities of $38k, net assets of -$14k.