Entrepreneurial and Education Center Inc

Analysis

Entrepreneurial and Education Center Inc is a registered charity in United States, based in Wausau, WI. It received its IRS tax-exemption ruling in May 1991, 35 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 December 2023, Entrepreneurial and Education Center Inc reported income of $308k and spending of $315k, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $237k to $308k (+30%), an average of +6.7% a year. The sharpest change came in the year to December 2023, when income rose by 37%. Over the whole period it spent 138% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Entrepreneurial and Education Center Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 62nd percentile within WI. Charities of a similar size with the same main cause include West Kortright Centre Inc ($308k), Womans Club of Erie Inc ($308k) and Million Dollar Teacher Project ($308k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 14% and program service revenue 86% of the total. At year end it held assets of $2.6m against liabilities of $95k, net assets of $2.5m.

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.