Entrepreneurship Institute

Analysis

Entrepreneurship Institute is a registered charity in United States, based in Columbus, OH. It received its IRS tax-exemption ruling in May 1976, 50 years ago. 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, Entrepreneurship Institute reported income of $389k and spending of $420k, spending 108% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income fell from $426k to $389k (-8.5%), an average of -1.8% a year. Over the whole period it spent 101% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Entrepreneurship Institute sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 66th percentile within OH. Charities of a similar size with the same main cause include A Womans Choice ($389k), Healthy Newsworks ($389k) and Alamance County Rescue Unit Inc ($389k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 81% and program service revenue 14% of the total. Compensation of current officers, directors and key employees was $74k (18% of expenses). Other salaries and wages came to $160k. At year end it held assets of $417k against liabilities of $301k, net assets of $116k. It reported 7 employees.