Empower Cherokee of Ga Inc

Analysis

Empower Cherokee of Ga Inc is a registered charity in United States, based in Canton, GA. It received its IRS tax-exemption ruling in May 1974, 52 years ago. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Empower Cherokee of Ga Inc reported income of $2.3m and spending of $2.0m, spending 86% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.7m to $2.3m (+35%), an average of +7.8% a year. The sharpest change came in the year to June 2022, when income rose by 79%. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Empower Cherokee of Ga Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 89th percentile within GA. Charities of a similar size with the same main cause include Gulf Coast State College Foundation Inc ($2.3m), Orcas Island Food Bank ($2.3m) and Vashon Maury Community Food Bank ($2.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 3.6% and program service revenue 97% of the total. Compensation of current officers, directors and key employees was $81k (4.2% of expenses). Other salaries and wages came to $970k. At year end it held assets of $2.5m against liabilities of $87k, net assets of $2.4m. It reported 39 employees.