Encorps Inc

Analysis

Encorps Inc is a registered charity in United States, based in Redondo Beach, CA. It received its IRS tax-exemption ruling in November 2008, 18 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Encorps Inc reported income of $647k and spending of $1.3m, spending 207% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income fell from $1.2m to $647k (-45%), an average of -18% a year. The sharpest change came in the year to June 2022, when income rose by 234%. Over the whole period it spent 67% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Encorps Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 75th percentile within CA. Charities of a similar size with the same main cause include Parent Booster USA Inc ($647k), The Community Service Education and Research Fund Cserf of the ($647k) and Forte Orthopedic Research Institute ($647k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 85% and program service revenue 14% of the total. Compensation of current officers, directors and key employees was $128k (9.5% of expenses). Other salaries and wages came to $744k. At year end it held assets of $2.9m against liabilities of $127k, net assets of $2.8m. It reported 16 employees.