Entrenuity Inc

Analysis

Entrenuity Inc is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in July 2024, 2 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, Entrenuity Inc reported income of $1.1m and spending of $1.4m, spending 124% of what it took in. Across the 6 years on record, from June 2019 to December 2023, income grew from $800k to $1.1m (+40%), an average of +7.0% a year. The sharpest change came in the year to December 2020, when income dropped by 54%. Over the whole period it spent 122% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Entrenuity Inc 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 80th percentile, and in the 80th percentile within IL. Charities of a similar size with the same main cause include Care for Children USA Inc ($1.1m), Heart & Soul Npo ($1.1m) and Marin Baseball and Softball ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 69% and program service revenue 9.3% of the total. Compensation of current officers, directors and key employees was $200k (14% of expenses). Other salaries and wages came to $332k. At year end it held assets of $3.5m against liabilities of $4.5m, net assets of -$949k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.