Empowherment Inc

Analysis

Empowherment Inc is a registered charity in United States, based in Charlotte, NC. It received its IRS tax-exemption ruling in July 2013, 13 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 December 2023, Empowherment Inc reported income of $57k and spending of $55k, spending 98% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $63k to $57k (-9.2%), an average of -9.2% a year. Over the whole period it spent 93% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Empowherment Inc sits at the 20th percentile: it is larger than about 20% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 20th percentile within NC. Charities of a similar size with the same main cause include Lambda Phoenix Center ($57k), Hickman County Cooperative Ministry Inc ($57k) and Rent Party Pantry Inc ($57k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $43k against liabilities of $0, net assets of $43k.