Community Advocates for Resources & Empowerment Inc

Analysis

Community Advocates for Resources & Empowerment Inc is a registered charity in United States, based in Louisville, KY. It received its IRS tax-exemption ruling in February 2000, 26 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Community Advocates for Resources & Empowerment Inc reported income of $596k and spending of $596k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $2,500 to $596k (+23746%), an average of +23746% a year. The sharpest change came in the year to December 2023, when income rose by 23746%. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Community Advocates for Resources & Empowerment Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 73rd percentile within KY. Charities of a similar size with the same main cause include Knights Christian Academy Inc ($596k), Ab Christian Learning Center ($596k) and Lakeland Academy Community School ($596k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $133k. At year end it held assets of $13k against liabilities of $7,338, net assets of $5,365. It reported 16 employees.