Teen Empower Inc

Analysis

Teen Empower Inc is a registered charity in United States, based in Oklahoma City, OK. It received its IRS tax-exemption ruling in November 2015, 11 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2023, Teen Empower Inc reported income of $851k and spending of $767k, spending 90% of its income. Across the 5 years on record, from December 2019 to June 2023, income grew from $385k to $851k (+121%), an average of +22% a year. The sharpest change came in the year to June 2022, when income rose by 88%. Over the whole period it spent 88% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Teen Empower Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 79th percentile within OK. Charities of a similar size with the same main cause include Baby University ($851k), Hekima Place Inc ($851k) and Aoec Real Estate ($851k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $72k (9.4% of expenses). Other salaries and wages came to $387k. At year end it held assets of $349k against liabilities of $9,768, net assets of $339k. It reported 11 employees.