Empower Sports

Analysis

Empower Sports is a registered charity in United States, based in Cleveland, OH. It received its IRS tax-exemption ruling in August 2009, 17 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 December 2023, Empower Sports reported income of $369k and spending of $378k, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $137k to $369k (+170%), an average of +28% a year. The sharpest change came in the year to December 2020, when income rose by 63%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Empower Sports sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 65th percentile within OH. Charities of a similar size with the same main cause include American Muslim Senior Society Inc ($369k), WRC North Fork Heights ($369k) and Food4kids Backpack Program of North Florida Inc ($369k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% and program service revenue 6.3% of the total. Compensation of current officers, directors and key employees was $78k (21% of expenses). Other salaries and wages came to $157k. At year end it held assets of $30k against liabilities of $0, net assets of $30k. It reported 7 employees.