Earthrise Enterprises Inc

Analysis

Earthrise Enterprises Inc is a registered charity in United States, based in Reading, PA. It received its IRS tax-exemption ruling in June 1993, 33 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, Earthrise Enterprises Inc reported income of $99k and spending of $98k, spending 99% of its income. Across the 3 years on record, from December 2019 to December 2023, income grew from $97k to $99k (+1.1%), an average of +0.6% a year. The sharpest change came in the year to December 2023, when income rose by 130%. Over the whole period it spent 112% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Earthrise Enterprises Inc sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 35th percentile within PA. Charities of a similar size with the same main cause include Milwaukee Riverwalk District Inc ($98k), Wassaic Fire Company Inc ($99k) and National Association of County Human Services Administrators ($98k).

Other salaries and wages came to $65k. At year end it held assets of $36k against liabilities of $2,015, net assets of $34k. It reported 11 employees.