Empowerk12 Inc
Analysis
Empowerk12 Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in May 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 June 2023, Empowerk12 Inc reported income of $1.4m and spending of $1.2m, spending 91% of its income. Across the 5 years on record, from December 2019 to June 2023, income grew from $600k to $1.4m (+128%), an average of +23% a year. The sharpest change came in the year to June 2021, when income rose by 206%. Over the whole period it spent 84% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Empowerk12 Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 60th percentile within DC. Charities of a similar size with the same main cause include Howland Public Library ($1.4m), Yemeni American Merchants Associations Inc ($1.4m) and York Technical College Foundation Inc ($1.4m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 66% and program service revenue 34% of the total. Compensation of current officers, directors and key employees was $196k (16% of expenses). Other salaries and wages came to $539k. It paid $20k in professional fundraising fees. At year end it held assets of $805k against liabilities of $38k, net assets of $767k. It reported 6 employees.
Income and spending
Where the income comes from
- Contributions & grants 66%
- Program services 34%
- Other 0.0%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Howland Public Library | Beacon | $1.4m |
| Yemeni American Merchants Associations Inc | Bronx | $1.4m |
| York Technical College Foundation Inc | Rock Hill | $1.4m |
| The Institute for Family Studies | Charlottesvle | $1.4m |