Non-Profit Enterprise at Work Inc

Analysis

Non-Profit Enterprise at Work Inc is a registered charity in United States, based in Ann Arbor, MI. It received its IRS tax-exemption ruling in April 1992, 34 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 June 2023, Non-Profit Enterprise at Work Inc reported income of $3.8m and spending of $2.9m, leaving 24% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.5m to $3.8m (+163%), an average of +27% a year. The sharpest change came in the year to June 2023, when income rose by 37%. Over the whole period it spent 81% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Non-Profit Enterprise at Work Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 91st percentile within MI. Charities of a similar size with the same main cause include Triform Enterprises Limited ($3.8m), Maria Droste Services of Colorado ($3.8m) and New York Communities Organizing Fund Inc ($3.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 67% and program service revenue 33% of the total. Compensation of current officers, directors and key employees was $298k (10% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $3.1m against liabilities of $416k, net assets of $2.7m. It reported 28 employees.