Exceed Enterprises Inc

Analysis

Exceed Enterprises Inc is a registered charity in United States, based in Portland, OR. It received its IRS tax-exemption ruling in May 1969, 57 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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, Exceed Enterprises Inc reported income of $6.8m and spending of $6.5m, spending 96% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $6.0m to $6.8m (+13%), an average of +3.1% a year. The sharpest change came in the year to June 2022, when income rose by 24%. Over the whole period it spent 97% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Exceed Enterprises Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within OR. Charities of a similar size with the same main cause include Valley Packaging Industries Inc ($6.8m), The Registry Inc ($6.8m) and Charlotte Works ($6.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 3.3% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $250k (3.8% of expenses). Other salaries and wages came to $3.7m. At year end it held assets of $3.7m against liabilities of $557k, net assets of $3.2m. It reported 174 employees.