Empowerment Plan

Analysis

Empowerment Plan is a registered charity in United States, based in Detroit, MI. It received its IRS tax-exemption ruling in October 2012, 14 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 March 2023, Empowerment Plan reported income of $3.4m and spending of $3.4m, spending 98% of its income. Across the 5 years on record, from March 2019 to March 2023, income grew from $2.7m to $3.4m (+25%), an average of +5.8% a year. The sharpest change came in the year to March 2020, when income rose by 41%. Over the whole period it spent 88% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Empowerment Plan sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 90th percentile within MI. Charities of a similar size with the same main cause include United Community Centers Inc ($3.4m), Red Hook Initiative ($3.4m) and Embrace Grace Inc ($3.4m).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $265k (7.9% of expenses). Other salaries and wages came to $1.5m. At year end it held assets of $5.5m against liabilities of $1.7m, net assets of $3.8m. It reported 69 employees.