Empower to Succeed

Analysis

Empower to Succeed is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in March 2021, 5 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 June 2019, Empower to Succeed reported income of $305k and spending of $321k, spending 105% of what it took in. Across the 5 years on record, from June 2015 to June 2019, income grew from $41k to $305k (+651%), an average of +66% a year. The sharpest change came in the year to June 2016, when income rose by 1168%. Over the whole period it spent 71% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Empower to Succeed sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 62nd percentile within IL. Charities of a similar size with the same main cause include Butler-Wyatt-Thompson Jr No 2 Boys and Girls Club Inc ($305k), Drawbridge an Arts Program for Homeless Children ($305k) and North Ridge School Age Child Care Inc ($305k).

On its Form 990 for the period ending June 2019, revenue came from contributions and grants 100% of the total. At year end it held assets of $525k against liabilities of $0, net assets of $525k.