Engage Estero Inc

Analysis

Engage Estero Inc is a registered charity in United States, based in Estero, FL. It received its IRS tax-exemption ruling in December 2004, 22 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 December 2023, Engage Estero Inc reported income of $56k and spending of $60k, spending 106% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $147k to $56k (-62%), an average of -62% a year. The sharpest change came in the year to December 2023, when income dropped by 62%. Over the whole period it spent 55% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Engage Estero Inc sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 25th percentile within FL. Charities of a similar size with the same main cause include Bourbon Women Education Foundation Inc ($56k), Lone Star State Capital Corporation ($56k) and Life Vision Works Inc ($56k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 43% and program service revenue 57% of the total. At year end it held assets of $136k against liabilities of $47, net assets of $136k.