Evn News Foundation

Analysis

Evn News Foundation is a registered charity in United States, based in Tarzana, CA. It received its IRS tax-exemption ruling in November 2021, 5 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 (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, Evn News Foundation reported income of $274k and spending of $286k, spending 104% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $297k to $274k (-7.8%), an average of -7.8% a year. Over the whole period it spent 82% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Evn News Foundation 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 60th percentile, and in the 62nd percentile within CA. Charities of a similar size with the same main cause include Putnam County Museum Inc ($274k), Lees Summit Symphony Orchestra ($274k) and National Multicultural Western Heritage Museum ($274k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $103k against liabilities of $0, net assets of $103k.