Empowerment Zone

Analysis

Empowerment Zone is a registered charity in United States, based in Staten Island, NY. It received its IRS tax-exemption ruling in June 2008, 18 years ago. Its declared purposes cover education, which this site groups under education and training. 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 2021, Empowerment Zone reported income of $168k and spending of $176k, spending 105% of its income. Across the 2 years on record, from December 2019 to December 2021, income fell from $179k to $168k (-6.2%), an average of -6.2% a year. Over the whole period it spent 120% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Empowerment Zone sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 47th percentile within NY. Charities of a similar size with the same main cause include Inspiring Minds of Greater Philadelphia ($168k), Ukrainian School of Knowledge ($168k) and Edith Institute ($168k).

On its Form 990-EZ for the period ending December 2021, revenue came from contributions and grants 53% and program service revenue 45% of the total. At year end it held assets of $17k against liabilities of $30k, net assets of -$13k.