Empowerment Collaborative of Long Island Inc

Analysis

Empowerment Collaborative of Long Island Inc is a registered charity in United States, based in Islandia, NY. It received its IRS tax-exemption ruling in September 2015, 11 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Empowerment Collaborative of Long Island Inc reported income of $394k and spending of $433k, spending 110% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $396k to $394k (-0.5%), an average of -0.1% a year. The sharpest change came in the year to December 2021, when income rose by 119%. Over the whole period it spent 104% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Empowerment Collaborative of Long Island Inc sits at the 61st percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 63rd percentile within NY. Charities of a similar size with the same main cause include Jitterbugs Preschool and Daycare Center Inc ($394k), Hopes Path ($394k) and Fish Food Bank ($394k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $64k (15% of expenses). Other salaries and wages came to $184k. At year end it held assets of $182k against liabilities of $227k, net assets of -$45k. It reported 1 employees.