Evergreen Academy

Analysis

Evergreen Academy is a registered charity in United States, based in Evergreen, CO. It received its IRS tax-exemption ruling in February 2020, 6 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 December 2023, Evergreen Academy reported income of $577k and spending of $679k, spending 118% of what it took in. Across the 5 years on record, from December 2018 to December 2023, income grew from $406k to $577k (+42%), an average of +9.2% a year. The sharpest change came in the year to December 2021, when income rose by 33%. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Evergreen Academy sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 70th percentile within CO. Charities of a similar size with the same main cause include Brienzas Educare Inc ($577k), Southeast Propane Technical Education Center Inc ($577k) and Next Generation Therapy Services Inc ($577k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $118k (17% of expenses). Other salaries and wages came to $322k. At year end it held assets of $112k against liabilities of $152k, net assets of -$39k. It reported 25 employees.