Enrichmentfwd

Analysis

Enrichmentfwd is a registered charity in United States, based in Wesley Hills, NY. It received its IRS tax-exemption ruling in December 2013, 13 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, Enrichmentfwd reported income of $791k and spending of $683k, spending 86% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $592k to $791k (+34%), an average of +7.5% a year. The sharpest change came in the year to December 2023, when income rose by 47%. Over the whole period it spent 75% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Enrichmentfwd sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 72nd percentile within NY. Charities of a similar size with the same main cause include Hope of Israel Baptist Mission Inc ($791k), Sivananda Yoga Vedanta Center ($792k) and Outside the Box Ministries Inc ($791k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $175k (26% of expenses). At year end it held assets of $1.0m against liabilities of $18k, net assets of $996k.