Evergreen Academy Inc
Analysis
Evergreen Academy Inc is a registered charity in United States, based in Norman, OK. It received its IRS tax-exemption ruling in March 2021, 5 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending June 2024, Evergreen Academy Inc reported income of $445k and spending of $186k, leaving 58% of income unspent that year. Across the 2 years on record, from June 2023 to June 2024, income grew from $182k to $445k (+144%), an average of +144% a year. The sharpest change came in the year to June 2024, when income rose by 144%. Over the whole period it spent 67% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Evergreen Academy Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 69th percentile within OK. Charities of a similar size with the same main cause include Steamimagine ($445k), Each One Teach One ($445k) and Alumni Association of the University of Texas at El Paso ($445k).
On its Form 990 for the period ending June 2024, revenue came from contributions and grants 47% and program service revenue 51% of the total. Compensation of current officers, directors and key employees was $56k (30% of expenses). Other salaries and wages came to $71k. At year end it held assets of $409k against liabilities of $94k, net assets of $315k. It reported 4 employees.
Income and spending
Where the income comes from
- Contributions & grants 47%
- Program services 51%
- Other 1.9%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Steamimagine | Stafford | $445k |
| Each One Teach One | San Antonio | $445k |
| Alumni Association of the University of Texas at El Paso | El Paso | $445k |
| Friends of Forensics | Union City | $445k |