Empower 225

Analysis

Empower 225 is a registered charity in United States, based in Baton Rouge, LA. It received its IRS tax-exemption ruling in July 2011, 15 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 225 reported income of $2.6m and spending of $2.3m, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.9m to $2.6m (+32%), an average of +7.2% a year. The sharpest change came in the year to December 2021, when income rose by 39%. Over the whole period it spent 96% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Empower 225 sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 87th percentile within LA. Charities of a similar size with the same main cause include Community Havens Inc ($2.6m), Home Again Richmond ($2.6m) and Sequoia Affordable Housing Foundation ($2.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% and program service revenue 3.4% of the total. Other salaries and wages came to $1.4m. At year end it held assets of $1.2m against liabilities of $353k, net assets of $820k. It reported 45 employees.