Empowher Institute Inc

Analysis

Empowher Institute Inc is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in October 2003, 23 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Empowher Institute Inc reported income of $1.9m and spending of $1.9m, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $462k to $1.9m (+314%), an average of +43% a year. The sharpest change came in the year to December 2021, when income rose by 178%. Over the whole period it spent 93% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Empowher Institute 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 86th percentile, and in the 86th percentile within CA. Charities of a similar size with the same main cause include Dallas Stars Foundation Inc ($1.9m), Massachusetts School Administrators Association Inc ($1.9m) and Mount Royal Academy Inc ($1.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% and program service revenue 2.0% of the total. Compensation of current officers, directors and key employees was $163k (8.8% of expenses). Other salaries and wages came to $661k. At year end it held assets of $733k against liabilities of $260k, net assets of $472k. It reported 21 employees.