The Equip Foundation

Analysis

The Equip Foundation is a registered charity in United States, based in Kailua Kona, HI. It received its IRS tax-exemption ruling in March 1999, 27 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, The Equip Foundation reported income of $612k and spending of $644k, spending 105% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $469k to $612k (+31%), an average of +6.9% a year. The sharpest change came in the year to December 2021, when income rose by 63%. Over the whole period it spent 92% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, The Equip Foundation sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 73rd percentile within HI. Charities of a similar size with the same main cause include The Littlest Lamb ($611k), Girl Up Initiative Uganda ($613k) and Amigos de Los Ninos Mi Casa ($611k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $60k (9.3% of expenses). Other salaries and wages came to $179k. At year end it held assets of $476k against liabilities of $13k, net assets of $463k. It reported 4 employees.