Entrepreneurs Organization

Analysis

Entrepreneurs Organization is a registered charity in United States, based in Alexandria, VA. It received its IRS tax-exemption ruling in April 1992, 34 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, Entrepreneurs Organization reported income of $62.7m and spending of $62.9m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $48.4m to $62.7m (+30%), an average of +6.7% a year. The sharpest change came in the year to June 2022, when income rose by 52%. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Entrepreneurs Organization sits at the 99th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within VA. Charities of a similar size with the same main cause include Hollins University Corporation ($62.7m), Gordon College ($62.8m) and Newberry College ($62.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.1% and program service revenue 97% of the total. Compensation of current officers, directors and key employees was $1.9m (3.0% of expenses). Other salaries and wages came to $16.0m. At year end it held assets of $71.1m against liabilities of $54.2m, net assets of $16.9m. It reported 106 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.