Epek International Inc

Analysis

Epek International Inc is a registered charity in United States, based in Glen Oaks, NY. It received its IRS tax-exemption ruling in May 2020, 6 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, Epek International Inc reported income of $1.4m and spending of $1.4m, spending 101% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $837k to $1.4m (+64%), an average of +28% a year. The sharpest change came in the year to December 2023, when income rose by 73%. Over the whole period it spent 101% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Epek International Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 79th percentile within NY. Charities of a similar size with the same main cause include South Sound Outreach Services ($1.4m), LA Cocina Va ($1.4m) and Community Clothes Closet Inc ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $50k (3.6% of expenses). At year end it held assets of $40k against liabilities of $13k, net assets of $27k. It reported 1 employees.