Enterprise Community Partners Inc

Analysis

Enterprise Community Partners Inc is a registered charity in United States, based in Columbia, MD. It received its IRS tax-exemption ruling in June 1981, 45 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic 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 December 2023, Enterprise Community Partners Inc reported income of $110.1m and spending of $113.5m, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $76.3m to $110.1m (+44%), an average of +9.6% a year. The sharpest change came in the year to December 2020, when income rose by 155%. Over the whole period it spent 106% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Enterprise Community Partners Inc sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within MD. Charities of a similar size with the same main cause include Goodwill Industries of Orange County Ca ($107.8m), Goodwill Industries of Southeastern Wisconsin Inc ($113.1m) and Jobs for the Future Inc ($107.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 75% and program service revenue 6.7% of the total. Compensation of current officers, directors and key employees was $2.4m (2.1% of expenses). Other salaries and wages came to $27.2m. It paid $188k in professional fundraising fees. At year end it held assets of $913.2m against liabilities of $51.3m, net assets of $861.9m. It reported 290 employees.