Canterbury Enterprises Inc

Analysis

Canterbury Enterprises Inc is a registered charity in United States, based in Saint Louis, MO. It received its IRS tax-exemption ruling in October 1984, 42 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 2024, Canterbury Enterprises Inc reported income of $1.5m and spending of $1.5m, spending 98% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $1.3m to $1.5m (+15%), an average of +3.6% a year. The sharpest change came in the year to June 2023, when income rose by 17%. Over the whole period it spent 96% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Canterbury Enterprises Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 82nd percentile within MO. Charities of a similar size with the same main cause include Nonprofit Association of the Midlands ($1.5m), Maafa Redemption Project ($1.5m) and J N C Network Resource Center Inc ($1.5m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 59% and program service revenue 35% of the total. Other salaries and wages came to $943k. At year end it held assets of $3.8m against liabilities of $42k, net assets of $3.7m. It reported 89 employees.