Our Chance Enterprise Inc

Analysis

Our Chance Enterprise Inc is a registered charity in United States, based in North Miami, FL. It received its IRS tax-exemption ruling in September 2010, 16 years ago. Its declared purposes cover youth development, which this site groups under children and youth 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 December 2023, Our Chance Enterprise Inc reported income of $99k and spending of $100k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $77k to $99k (+28%), an average of +28% a year. The sharpest change came in the year to December 2023, when income rose by 28%. Over the whole period it spent 100% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Our Chance Enterprise Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 40th percentile within FL. Charities of a similar size with the same main cause include Western North Carolina Tennis Association Inc ($99k), Gangs 2 Grace Youth Foundation ($99k) and Neighborhood Housing Renewal Corp IV ($99k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 97% of the total. At year end it held assets of $859 against liabilities of $0, net assets of $859.