Empower Me Academy

Analysis

Empower Me Academy is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in September 2017, 9 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Empower Me Academy reported income of $886k and spending of $1.4m, spending 156% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $479k to $886k (+85%), an average of +17% a year. The sharpest change came in the year to December 2022, when income rose by 87%. Over the whole period it spent 96% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Empower Me Academy sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 79th percentile within CA. Charities of a similar size with the same main cause include Stillwater Area Community Services Center ($886k), Anchorage Sports Association Inc ($886k) and Steel City Football Club Metro Inc ($885k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 53% and program service revenue 50% of the total. Compensation of current officers, directors and key employees was $354k (26% of expenses). Other salaries and wages came to $289k. At year end it held assets of $356k against liabilities of $172k, net assets of $184k. It reported 13 employees.