Economic Vitality Education and Rsearch Foundation

Analysis

Economic Vitality Education and Rsearch Foundation is a registered charity in United States, based in San Mateo, CA. It received its IRS tax-exemption ruling in April 1977, 49 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Economic Vitality Education and Rsearch Foundation reported income of $198k and spending of $176k, spending 89% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $98k to $198k (+101%), an average of +101% a year. The sharpest change came in the year to June 2024, when income rose by 101%. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Economic Vitality Education and Rsearch Foundation sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 56th percentile within CA. Charities of a similar size with the same main cause include Interlink Inc ($198k), Garden State Soccer League ($198k) and Parent Booster USA Inc ($198k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $139k against liabilities of $0, net assets of $139k.