The Enola Group Inc

Analysis

The Enola Group Inc is a registered charity in United States, based in Morganton, NC. It received its IRS tax-exemption ruling in May 1981, 45 years ago. 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, The Enola Group Inc reported income of $5.2m and spending of $5.2m, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $4.1m to $5.2m (+26%), an average of +6.0% a year. The sharpest change came in the year to June 2023, when income rose by 36%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Enola Group Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within NC. Charities of a similar size with the same main cause include Coastal Educational Foundation Incorporated ($5.2m), Jobone ($5.2m) and Urban Ministries of Durham Inc ($5.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 63% and program service revenue 37% of the total. Compensation of current officers, directors and key employees was $196k (3.8% of expenses). Other salaries and wages came to $2.3m. At year end it held assets of $1.9m against liabilities of $225k, net assets of $1.6m. It reported 118 employees.