Empower Cocke County

Analysis

Empower Cocke County is a registered charity in United States, based in Newport, TN. It received its IRS tax-exemption ruling in December 1991, 35 years ago. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Empower Cocke County reported income of $244k and spending of $154k, leaving 37% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $112k to $244k (+119%), an average of +22% a year. The sharpest change came in the year to December 2020, when income rose by 96%. Over the whole period it spent 77% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Empower Cocke County sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 58th percentile within TN. Charities of a similar size with the same main cause include Rapahope Childrens Retreat Foundation Inc ($244k), Operation Reach-Out ($244k) and Kadlec Auxiliary Inc ($244k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 64% and program service revenue 0.5% of the total. Other salaries and wages came to $68k. At year end it held assets of $572k against liabilities of $230k, net assets of $342k. It reported 4 employees.