Enterprise Center Capital Corporation

Analysis

Enterprise Center Capital Corporation is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in December 2002, 24 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Enterprise Center Capital Corporation reported income of $3.4m and spending of $2.4m, leaving 28% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.5m to $3.4m (+118%), an average of +22% a year. The sharpest change came in the year to June 2021, when income rose by 901%. Over the whole period it spent 48% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Enterprise Center Capital Corporation sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 88th percentile within PA. Charities of a similar size with the same main cause include Lutheran Community Services for the Aged Inc ($3.4m), National Down Syndrome Society ($3.4m) and Thrive Cil ($3.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 84% and program service revenue 15% of the total. Other salaries and wages came to $408k. At year end it held assets of $49.4m against liabilities of $35.0m, net assets of $14.4m. It reported 7 employees.