Encouragement Incorporated

Analysis

Encouragement Incorporated is a registered charity in United States, based in Colorado SPGS, CO. It received its IRS tax-exemption ruling in August 1992, 34 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Encouragement Incorporated reported income of $432k and spending of $210k, leaving 51% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $221k to $432k (+95%), an average of +40% a year. The sharpest change came in the year to December 2023, when income rose by 101%. Over the whole period it spent 75% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Encouragement Incorporated sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 65th percentile within CO. Charities of a similar size with the same main cause include The Sending Project Inc ($432k), Hope International Inc ($433k) and Anchor Bible Concepts ($432k).

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 $28k (13% of expenses). Other salaries and wages came to $21k. At year end it held assets of $491k against liabilities of $1,043, net assets of $490k. It reported 3 employees.