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Enveritas Inc

New York, New York · EIN 81-1681880 · Philanthropy & Grantmaking · tax-exempt since 2016

C

Charity Clarity grade C (score 61.4 of 100), based on the Form 990 for the year ended December 2024.

Graded against 4,947 philanthropy & grantmaking nonprofits with revenue $10M–$50M filing the same form. A = top 10%, B = next 20%, C = middle 40%, D = next 20%, F = bottom 10%.

What goes into the grade

MeasureThis charityScore (0–100)
ReservesMonths of spending covered by unrestricted net assets.25.6 months64
GovernanceBoard independence, key policies and audit, per the 990.75% of practices75
Margin stabilityHow steady the surplus or deficit is year to year.58
Revenue spreadHow much revenue rests on one type of income.97% from one source22
Filing recordOn-time, complete filings, year after year.100%100
Program spendingSelf-reported by the filer.94.7%not scored
Management costsShare of spending.3.4%not scored
Cost to raise $1Fundraising cost per dollar given.$0.01not scored

Scores compare this charity with its peer group; 100 is best. How Charity Clarity rates charities.

Year by year

20162017201820202021202220232024grey: revenue · green: spending
Year endedFormRevenueSpendingSurplusNet assetsMonths of spendingStaffGrade
Dec 2024Form 990$37.61M$21.39M$16.22M$45.62M25.624C
Dec 2023Form 990$30.80M$13.99M$16.81M$31.10M26.725C
Dec 2022Form 990$26.04M$9.30M$16.74M$17.87M23.121C
Dec 2021Form 990$9.08M$9.73M−$648K$1.03M1.327D
Dec 2020Form 990$10.00M$9.54M$459K$876K1.127D
Dec 2018Form 990$10.48M$7.25M$3.23M$4.22M7.023B
Dec 2017Form 990$4.14M$3.13M$1.01M$1.00M3.89C
Dec 2016Form 990$469K$473K−$4,644−$4,644-0.12D

From the organisation’s own IRS filings. “Months of spending” is total net assets divided by a month of that year’s spending. A blank grade means that year was not rated.

Read the filings

Every figure here comes from the returns this charity filed with the IRS. These sites show the full returns and more about the organisation:

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