Enterprise Zone Corp of Braddock

Analysis

Enterprise Zone Corp of Braddock is a registered charity in United States, based in Pittsburgh, PA. It received its IRS tax-exemption ruling in May 1986, 40 years ago. 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, Enterprise Zone Corp of Braddock reported income of $205k and spending of $87k, leaving 57% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $36k to $205k (+467%), an average of +54% a year. The sharpest change came in the year to December 2023, when income rose by 366%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Enterprise Zone Corp of Braddock sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 52nd percentile within PA. Charities of a similar size with the same main cause include Arc 3rd Housing Corporation ($205k), PTA California Congress of Parents Teachers & Students Inc ($205k) and Friends of Deer Hollow Farm ($205k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 88% and program service revenue 7.4% of the total. At year end it held assets of $1.2m against liabilities of $0, net assets of $1.2m.