Empower DC

Analysis

Empower DC is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in September 2011, 15 years ago. Its declared purposes cover community improvement and capacity building, 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 December 2023, Empower DC reported income of $2.6m and spending of $1.3m, leaving 50% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $906k to $2.6m (+185%), an average of +30% a year. The sharpest change came in the year to December 2023, when income rose by 107%. Over the whole period it spent 65% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Empower DC sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 71st percentile within DC. Charities of a similar size with the same main cause include Houstons Capital Investing in Development & Employment of Adults ($2.6m), Experience Greater Green Bay Corporation ($2.6m) and Translatina Network Inc ($2.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 0.6% of the total. Compensation of current officers, directors and key employees was $137k (11% of expenses). Other salaries and wages came to $410k. It paid $47k in professional fundraising fees. At year end it held assets of $3.4m against liabilities of $53k, net assets of $3.3m. It reported 10 employees.