Elevate to Even Plus Incorporated

Analysis

Elevate to Even Plus Incorporated is a registered charity in United States, based in Summit, NJ. It received its IRS tax-exemption ruling in May 2021, 5 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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, Elevate to Even Plus Incorporated reported income of $199k and spending of $226k, spending 113% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $189k to $199k (+5.4%), an average of +5.4% a year. Over the whole period it spent 97% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Elevate to Even Plus Incorporated sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 61st percentile within NJ. Charities of a similar size with the same main cause include Redding Fashion Alliance Incorporated ($199k), Lincoln Highway Heritage Corridor Inc ($199k) and Holmes County Rails-To-Trails Coalition ($199k).

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 $20k against liabilities of $0, net assets of $20k.