Empowering People Inspiring Capabilities Inc

Analysis

Empowering People Inspiring Capabilities Inc is a registered charity in United States, based in Peoria, IL. It received its IRS tax-exemption ruling in June 1959, 67 years ago. Its declared purposes cover employment, 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 June 2023, Empowering People Inspiring Capabilities Inc reported income of $20.9m and spending of $19.6m, spending 94% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $17.5m to $20.9m (+19%), an average of +6.0% a year. The sharpest change came in the year to June 2021, when income rose by 20%. Over the whole period it spent 89% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Empowering People Inspiring Capabilities Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within IL. Charities of a similar size with the same main cause include Tallatoona Community Action Partnership Inc ($20.9m), Wildcat Service Corp ($21.0m) and Valleylife ($20.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 9.1% and program service revenue 89% of the total. Compensation of current officers, directors and key employees was $346k (1.8% of expenses). Other salaries and wages came to $9.2m. At year end it held assets of $18.7m against liabilities of $4.2m, net assets of $14.5m. It reported 409 employees.