Empower Dreams Inc

Analysis

Empower Dreams Inc is a registered charity in United States, based in Highland VLG, TX. It received its IRS tax-exemption ruling in November 2012, 14 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Empower Dreams Inc reported income of $252k and spending of $112k, leaving 56% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $73k to $252k (+245%), an average of +246% a year. The sharpest change came in the year to December 2023, when income rose by 245%. Over the whole period it spent 53% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Empower Dreams 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 58th percentile, and in the 63rd percentile within TX. Charities of a similar size with the same main cause include Eagles Nest Multicultural Ministries Inc ($252k), Visitation Auxiliary Inc ($252k) and South Dakota Family Heritage Alliance Inc ($252k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $190k against liabilities of $0, net assets of $190k.