Enterprising Tampa Bay

Analysis

Enterprising Tampa Bay is a registered charity in United States, based in Wimauma, FL. It received its IRS tax-exemption ruling in April 2015, 11 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 June 2023, Enterprising Tampa Bay reported income of $2.0m and spending of $1.8m, spending 90% of its income. Across the 5 years on record, from December 2019 to June 2023, income grew from $1.5m to $2.0m (+31%), an average of +7.0% a year. The sharpest change came in the year to December 2020, when income rose by 21%. Over the whole period it spent 78% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Enterprising Tampa Bay sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 87th percentile within FL. Charities of a similar size with the same main cause include Jewish Home Foundation of North Jersey Inc ($2.0m), Be Nimble Foundation Inc ($2.0m) and Resources for Rural Community Development ($2.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $943k. At year end it held assets of $2.5m against liabilities of $497k, net assets of $2.0m. It reported 18 employees.