Evangelical Council for Financial Accountability

Analysis

Evangelical Council for Financial Accountability is a registered charity in United States, based in Winchester, VA. It received its IRS tax-exemption ruling in May 2019, 7 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2020, Evangelical Council for Financial Accountability reported income of $4.8m and spending of $4.1m, spending 86% of its income. Across the 2 years on record, from December 2019 to December 2020, income grew from $4.2m to $4.8m (+14%), an average of +14% a year. Over the whole period it spent 95% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Evangelical Council for Financial Accountability sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 92nd percentile within VA. Charities of a similar size with the same main cause include Look-Up Lodge Christian Camp Inc ($4.8m), Forever Balboa Park ($4.8m) and Genesis Fund ($4.8m).

On its Form 990 for the period ending December 2020, revenue came from contributions and grants 11% and program service revenue 88% of the total. Compensation of current officers, directors and key employees was $794k (19% of expenses). Other salaries and wages came to $1.6m. At year end it held assets of $5.0m against liabilities of $1.0m, net assets of $4.0m. It reported 24 employees.