Empower and Excel

Analysis

Empower and Excel is a registered charity in United States, based in San Jose, CA. It received its IRS tax-exemption ruling in April 2015, 11 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Empower and Excel reported income of $337k and spending of $269k, leaving 20% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $180k to $337k (+88%), an average of +23% a year. The sharpest change came in the year to December 2021, when income rose by 324%. Over the whole period it spent 83% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Empower and Excel sits at the 63rd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 66th percentile within CA. Charities of a similar size with the same main cause include Duluth Library Foundation ($337k), Varsity W Club Inc ($337k) and Mykkids ($337k).

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 $35k (13% of expenses). At year end it held assets of $382k against liabilities of $0, net assets of $382k.