Evidence Action Inc
Analysis
Evidence Action Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in October 2013, 13 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Evidence Action Inc reported income of $56.4m and spending of $38.0m, leaving 33% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $33.8m to $56.4m (+67%), an average of +14% a year. The sharpest change came in the year to December 2022, when income rose by 491%. Over the whole period it spent 54% of the income it received.
Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Evidence Action Inc sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 97th percentile within DC. Charities of a similar size with the same main cause include Mercy-Usa for Aid and Development Inc ($54.1m), End Fund Inc ($56.4m) and Acumen Fund Inc ($53.2m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 89% and program service revenue 1.1% of the total. Compensation of current officers, directors and key employees was $836k (2.2% of expenses). Other salaries and wages came to $10.0m. At year end it held assets of $200.1m against liabilities of $3.3m, net assets of $196.9m. It reported 86 employees.
Income and spending
Where the income comes from
- Contributions & grants 89%
- Program services 1.1%
- Other 9.9%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Mercy-Usa for Aid and Development Inc | Plymouth | $54.1m |
| End Fund Inc | New York | $56.4m |
| Acumen Fund Inc | New York | $53.2m |
| Plan International USA Inc | Providence | $56.8m |